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Fashion

US retailers report lower November sales

Leading US retailers reported November sales that were broadly lower than expected, as a post-Thanksgiving rush failed to offset earlier weak demand, reported the Financial Times. Retail Metrics, which tracks the monthly comparable sales figures, said its index for the month rose just 0.7 per cent from last year, when sales slumped. Ken Perkins,...

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Fashion

November sales better than expected

There has been an unexpected pick-up in retail sales, which rose in November for the first time in eight months. Figures to be released by the British Retail Consortium and KPMG this week will reveal that like-for-like sales grew by around 0.3 per cent last month compared with last November. The BRC's monthly figure was last in positive...

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