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Fashion sales in the United Kingdom reversed their decline and rose 0.9% in October

Lovell Massy by Lovell Massy
November 18, 2023
in Top News
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Fashion sales in the United Kingdom reversed their decline and rose 0.9% in October
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UK fashion sales moderate in October In the tenth month of the year, the minority fashion trade in the country started recording negative numbers, with its sales declining by 0.9%. However, the decline was more modest than in September, falling some 1.6% Office for National Statistics.

L Department of Travel “Unusual heat” in the first weeks of the month in the United Kingdom justifies the fall., which is significantly reducing sales of fall and winter products. In September, British operators were also hit by high temperatures, one of the biggest heatwaves of the decade.

British food trade fell 0.2% in October, compared with a 2.1% fall for the whole sector last month. On the other hand, home goods sales fell 1.1%, with the decline most pronounced in stores dedicated to furniture distribution.

The department reiterated that the first few weeks of the month have been “abnormally warm” in the United Kingdom.

British retailing saw its sales fall by 0.3% in October, marking its second straight month of declines, albeit slightly lower than the 0.9% decline the sector recorded in September.

British businesses have blamed the decline on persistent inflation and low consumer demandEspecially motivated by the “wet time” during the second Quincena Del month.

Through online channel Sales of textiles, clothing and footwear saw a year-on-year increase, notably 8.8%.. This distribution channel recorded a higher trend throughout the exercise, outperforming the general e-commerce trend in the United Kingdom, where sales increased by 5.1%. Compared to the previous month, apparel sales in the online channel decreased by 2.5%.

Retail fashion sales in the United Kingdom are set to grow by 15.3% in 2022, the country’s largest annual increase in 33 years. The only date that came close to this figure was 2021, when the sector’s minority trade grew by 12.7% due to a lower comparable base than the previous year, which resulted in the outbreak of the pandemic. The worst evolution in the historical series was seen in 2020, when the sector declined by 25%.

Lovell Massy

“Total creator. Devoted tv fanatic. Communicator. Evil pop culture buff. Social media advocate.”

Lovell Massy

Lovell Massy

"Total creator. Devoted tv fanatic. Communicator. Evil pop culture buff. Social media advocate."

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