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The global fashion business journal

Jul 7, 20201:40am

UK fashion sales back on its feet in 2020: 1% growth in January

Fashion commerce in the British market has changed course in the first month of the year following the 3% decline in December.

Feb 20, 2020 — 5:03pm
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UK fashion sales back on its feet in 2020: 1% growth in January

 

 

United Kingdom’s fashion sales kickoff 2020 with a raise. Fashion sales in the British market have registered a year-on-year growth of 1% in the first month of the year, according to data from Office for National Statistics.

 

In month-on-month terms, the sector ended January with a growth of 3.9%. Consequently, fashion trade flipped the results of 2019. In December, fashion sales in the UK saw a 3% drop. 

 

In British trade, retail sales, excluding service stations, registered a 2.2% rise in January compared to a year ago. In month-on-month, retail in the United Kingdom increased its revenue by 1.9% in the first month of the year.

 

In January, the sale of textiles, clothing, and footwear on the Internet in the British market accounted for 17.3% of the total sales. In the first month of the year, fashion ecommerce in the United Kingdom registered a year-on-year drop of 1.5%.

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