Fashion sales in the UK are recovering and growing by 5.4% in May

Fashion sales in the UK rise in May. In the fifth month of the year, fashion sales in the British country rebounded to record an annual growth of 5.4%. This increase contrasts with the 5.1% contraction recorded in UK fashion sales in April.

As posted on Friday before Office for National Statistics, Online channel sales recorded a much greater increase, with an annual growth in May of 9.8% compared to the same month of the previous year. Fashion sales in this channel also rebounded after falling in April, which in the case of e-commerce amounted to 1%.

The country’s major retailers highlighted the good performance of fashion and footwearEspecially thanks to the effect of good weather and the first promotions. Prior to this growth in May, March was the only month of the year in which fashion retail sales recorded an increase in 2024. Since the beginning of the year, the trend has continued with declines that have accumulated in the sector since the end of 2023. .

in May, UK non-food trade as a whole (including supermarkets, clothing stores, home stores and other non-food stores) grew by 3.5% year on year., compared to the 3% decline recorded in April. This is the highest annual growth in the sector since April 2021, and was specifically driven by fashion, home and sports equipment.

At the national level, Retail sales in the country rose by 2.9% in May, compared to a sales decline of 1.8% in April.. So far this year, sales volumes are up 1.3% compared to 2023, although they are still 0.5% below levels recorded before the pandemic.

See also  UK scientists will create an extraterrestrial human dictionary so we can learn how to communicate with aliens - FayerWayer

National online commerce also increased in Mayup to 5.4% more than in the same month of 2023. Compared to the previous month, online sales also increased by 4.1%.

Leave a Reply

Your email address will not be published. Required fields are marked *