Fashion sales in the UK continue to ignore Brexit with 2.6% growth in October
The sector continues to move away from political uncertainty of Brexit with five consecutive months on the rise, according to data from the Office for National Statistics.
Fashion sales in the United Kingdom continue to ignore Brexit. In October, retail apparel sales increased 2.6%, compared to the 2.2% increase the previous month. This is the fifth month in a row on the rise.
Compared to the previous month, on the other hand, sales in stores specialized in textiles, clothing, footwear and leather in the United Kingdom fell by 1%, according to data released today by the Office for National Statistics.
The sector has also continued to grow online, with an increase in sales of 4.9% compared to October of the previous year. Online sales represented 12.6% of all fashion sales in the country.
Total retail trade, sales increased both in value and volume, with a 3.3% growth and 3.1% growth, year-on-year, respectively. Compared to the previous month, retail sales in the United Kingdom fell 0.1%.
info@themds.com
Validation policy for comments:
MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.