Login

Clothing drives UK retail in August but footwear and leathergoods are weak

oxford street London

UK retailers are feeling good about their prospects, according to a new August survey, and clothing is continuing the uptick it saw in July. In fact, clothing was a key driver, the Confederation of British Industry (CBI) distributive trades survey for August showed.

The CBI said the balance of retailers with stronger sales volumes was +24% (with 36% of retailers seeing higher sales volumes and 15% seeing lower). This is good news after July had hit a three-month low of 21% following much stronger numbers (29% and 51%, respectively) in May and June.

But there was some bad news too as footwear and leather, as well as furniture and carpets retailers reported falling sales volumes year-on-year with those falls being big. In footwear and leather, it was -70% and in furniture and carpets -33%.

However, the overall outlook remains positive with a balance of 13% expecting rising sales for September. The CBI also thinks momentum will be maintained into 2016.

STAY UP TO DATE: You want the need-to-know news, right? Our journalists deliver a daily curation of the most important industry happenings. Sound good? Join WGSN.

Know what’s next. Become a WGSN member today to benefit from our daily trend intelligence, retail analytics, consumer insights and bespoke consultancy services.

WGSN Insider Bulletin

Big data meets consumer insights. Experience WGSN.

Related Stories

Boohoo Man tailoring options available now

Boohoo Man upgrades its affordable menswear tailoring options

eBay's latest retail pop-up tracks shoppers emotions on camera

Charlotte Russe womenswear clothes are a hit

Fact: US Millennials love fashion label Charlotte Russe

Share
Tweet
+1
Share
Pin