We use first party and third-party Cookies to help us understand Website usage and to improve the content and offerings and to provide you advertising, analytics and other purposes related to your navigation habits. If you continue scrolling, we consider you accept the policy. You can read more about our cookie policy.


The global fashion business journal

Nov 22, 20193:10am

Fashion sales in the UK in May suffer the biggest drop in five years

The turnover of British retailers fell by 4.5% in May, ballasted by low temperatures, is the biggest drop of clothing sales within the country since July 2015.

Jun 21, 2019 — 11:00am
MDS
Save

Fashion sales in the UK in May suffer the biggest drop in five years

 

Fashion sales suffer the biggest drop in the United Kingdom in five years. The turnover in clothing and footwear fell by 4.5% in May, ballasted by cold temperatures that were recorded in the country. It is the lowest record since July 2015.

 
Retail sales fell 0.5% in relation to the fall of 0.1% in April, according to the Retail Sales Index of the National Statistical Office of the United Kingdom. On the other hand, the sales in the British department stores between March and May have suffered a drop of 0.9%.
 
According to BRC-KPMG Retail Sales Monitor, the political and economic uncertainty that is immersed in the country as a result of Brexit is affecting the confidence of consumers and companies.

Advertising
Comment
Participation rules

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.

0 comments — Be the first to comment
...