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John Lewis weekly sales records strong end to clearance – revenue grows 10.2%

John Lewis posted a 10.2% boost in sales to reach £76.5m last week as its clearance came to an end.

Fashion sales increased by 9.3% year-on-year during the week ended July 25, driven largely by strong results in menswear and kidswear.

Men’s branded casualwear and formalwear did particularly well, as sales rose 27.7% and 25.5% respectively on the same week last year.

Despite being the first full week following the end of term, schoolwear sales were up by 12.1%.

Big-ticket items continued to perform well, as furniture sales rose 17.4%. Fitted furniture increased 46.5%, as living and dining increased by 26.6%.

Overall online sales – including fashion, electricals, technology and home – were up 16.6% year on year.

John Lewis operations director Dinos Rocos said: “As we move towards the end of the half, we are in a good position to offer our customers a taste of things to come with a strong representation of new season stock arriving online and in our branches.

“The changeable weather is on our side as warmer snaps see increased demand for high summer lines and short showers encourage our customers to begin to think about Back to School and the all-important second half of the year.”

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