Latest news with #HighStreetSalesTracker
Yahoo
5 days ago
- Business
- Yahoo
Hot weather sees UK fashion sales ‘perform well' in June 2025
The latest figures were released by the British Retail Consortium (BRC)-KPMG Retail Sales Monitor and showed non-food sales saw a 2.2% year-on-year rise, compared to a 1.9% decrease during the same period last year. In the five weeks to 5 July, in-store non-food sales experienced a similar 2.2% year-on-year growth, compared to the 2.6% drop observed in June 2024. Online non-food sales also witnessed a 2.3% increase from last year, recovering from a 0.7% fall in June 2024. British Retail Consortium chief executive Helen Dickinson said: 'Retail sales heated up in June, with both food and non-food performing well. The soaring temperatures increased sales of electric fans while sports and leisure equipment was boosted by both the weather and the start of Wimbledon. Food sales remained strong, though this was in-part driven by food inflation, which has risen steadily over the course of the year." The proportion of non-food items purchased online remained steady at 36.6% for June, falling marginally below the 12-month average of 36.8%. KPMG UK consumer, retail & leisure head Linda Ellett said: 'Warm weather and the start of the holiday season led to modest monthly growth for clothing sales. But retailers will be hoping that the buying is not yet complete and that the pace picks up further in July and August as suitcases get packed and the sun hopefully keeps shining." She added: "Home appliances and homeware purchases helped retail sales to grow in June, as new homebuyers and those having a refresh in their current home took advantage of summer promotions both in-store and online." Overall, UK retail sales went up by 3.1% year-on-year in June, marking a recovery from last year's 0.2% decline during the same month. Under the online sales category growth rankings, house textiles, health and beauty, and other non-food categories showed growth in June while clothing and footwear were down. Dickinson pointed out the outlook is not all bright and sunny. She said: "Retailers are watching government closely for details of the upcoming business rates reform. If the government includes shops within its new higher rates threshold, then many retailers will be forced to rethink their investment plans. The closure of larger stores would harm the local communities they support, costing jobs and reducing footfall in the area they serve. If government wants to improve high streets and help local communities, they must ensure that no shop pays more under their new rates reforms." The High Street Sales Tracker from accountancy and business advisory firm BDO indicated that fashion sales in the UK outperformed other sectors in June 2025, driven by purchases of summer apparel. "Hot weather sees UK fashion sales 'perform well' in June 2025" was originally created and published by Just Style, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Fibre2Fashion
08-07-2025
- Business
- Fibre2Fashion
UK high street sales weak; online fashion surges: BDO
UK retail sales in discretionary categories such as fashion, homewares, and lifestyle continued to underperform in June, according to BDO's latest High Street Sales Tracker. Like-for-like in-store sales rose by just 0.6 per cent compared to June 2024, falling well below inflation and highlighting the sector's ongoing struggle to attract consumer spending, BDO said in a release. 'Consumer spending continues to be challenged, with little optimism for retailers. We know that consumers are being incredibly cautious when it comes to discretionary spend, given the significant noise around rising job losses and volatility in the geopolitical landscape,' Sophie Michael, head of retail and wholesale at BDO, commented. While high street footfall remained weak, online sales posted a robust growth of 4.3 per cent—driven particularly by a 10 per cent surge in online fashion sales. In contrast, fashion sales on the high street slipped by 0.2 per cent, further deepening concerns over the viability of physical retail spaces. 'There is also a growing gap between the performance of physical stores and online retail. Perhaps this is because online retailers have greater agility to adjust their inventory and promotional material to quickly align to consumer preferences, such as promoting summer outfits in extreme high temperatures and pivoting to waterproofs when the rain arrives,' said Sophie. This marks the sixth consecutive month where in-store sales growth has failed to keep pace with inflation, translating into declining sales volumes across the first half of 2025. Reinforcing the bleak outlook, CBI data shows that total sales volumes have now fallen for nine consecutive months. 'Some retailers are making targeted investments to improve their store estates to attract more footfall, but we need to see this across the industry along with more support to revitalise our high streets. Store propositions need to be reinvented. Strategic and targeted investment is what is really required for retailers with a significant physical footprint to remain competitive. At the same time, retailers need to continue to invest in blending their physical and online offerings. Without this investment and local government support, we risk seeing further store closures which has a detrimental effect on our towns and communities," Sophie concluded. UK retail sales in discretionary categories underperformed in June, with in-store like-for-like sales up just 0.6 per cent, well below inflation, BDO reported. Online sales rose 4.3 per cent, driven by fashion. This marks the sixth straight month of weak in-store growth. BDO warns of continued pressure on physical retail and urges investment to revitalise high streets. Fibre2Fashion News Desk (HU)
Fashion United
04-07-2025
- Business
- Fashion United
UK online sales continue to grow while high street sales flatline
Total like-for-like UK retail sales in discretionary categories, such as fashion, homewares and lifestyle, remained below inflation in June, compared to a positive base of +3.2 percent in June 2024, according to the latest High Street Sales Tracker from accountancy and business advisory firm BDO. This was driven largely by low sales growth in stores, at just +0.6 percent compared to June 2024, reflecting how the high street continues to struggle to attract shoppers and consumers spending, as online sales grew +4.3 percent. The growth in online sales was particularly evident in the fashion sector, up +10 percent in June, compared to a -0.2 percent decline on the high street, showing the growing gap between brick-and-mortar and online shopping. BDO notes that this is the sixth consecutive month that in-store sales growth has been below the rate of inflation, which means that sales volumes are significantly down in the first half of this year. Sophie Michael, head of retail and wholesale at BDO, said in a statement: 'Consumer spending continues to be challenged, with little optimism for retailers. We know that consumers are being incredibly cautious when it comes to discretionary spend, given the significant noise around rising job losses and volatility in the geopolitical landscape. 'There is also a growing gap between the performance of physical stores and online retail. Perhaps this is because online retailers have greater agility to adjust their inventory and promotional material to quickly align to consumer preferences, such as promoting summer outfits in extreme high temperatures and pivoting to waterproofs when the rain arrives. 'Some retailers are making targeted investments to improve their store estates to attract more footfall, but we need to see this across the industry along with more support to revitalise our high streets. Store propositions need to be reinvented. Strategic and targeted investment is what is really required for retailers with a significant physical footprint to remain competitive. At the same time, retailers need to continue to invest in blending their physical and online offerings. Without this investment and local government support, we risk seeing further store closures which has a detrimental effect on our towns and communities.'
Leader Live
04-07-2025
- Business
- Leader Live
High streets suffer disappointing June amid ‘incredibly cautious' spending
Sales rose by just 0.6% year on year while online sales saw a 4.3% increase as consumers adapted their shopping behaviour to the warm temperatures, according to the latest High Street Sales Tracker from accountancy and business advisory firm BDO. The disappointing store figures reflected the high street's continued struggle to attract shoppers, BDO said. This was particularly evident in the fashion sector, where online sales grew by 10% in June compared with a 0.2% decline on the high street. It is the sixth consecutive month that in-store sales growth has been below the rate of inflation, which means that sales volumes are significantly down in the first half of this year. Data from the CBI also suggests that this is the ninth consecutive month that overall sales volumes have fallen, reflecting the ongoing challenge the retail sector faces in attracting consumer spending. Sophie Michael, head of retail and wholesale at BDO, said: 'Consumer spending continues to be challenged, with little optimism for retailers. 'We know that consumers are being incredibly cautious when it comes to discretionary spend, given the significant noise around rising job losses and volatility in the geopolitical landscape. 'There is also a growing gap between the performance of physical stores and online retail. 'Perhaps this is because online retailers have greater agility to adjust their inventory and promotional material to quickly align to consumer preferences, such as promoting summer outfits in extreme high temperatures and pivoting to waterproofs when the rain arrives.'
Powys County Times
04-07-2025
- Business
- Powys County Times
High streets suffer disappointing June amid ‘incredibly cautious' spending
The high street suffered a disappointing June with consumers being 'incredibly cautious' amid rising job losses and volatile geopolitics, latest figures show. Sales rose by just 0.6% year on year while online sales saw a 4.3% increase as consumers adapted their shopping behaviour to the warm temperatures, according to the latest High Street Sales Tracker from accountancy and business advisory firm BDO. The disappointing store figures reflected the high street's continued struggle to attract shoppers, BDO said. This was particularly evident in the fashion sector, where online sales grew by 10% in June compared with a 0.2% decline on the high street. It is the sixth consecutive month that in-store sales growth has been below the rate of inflation, which means that sales volumes are significantly down in the first half of this year. Data from the CBI also suggests that this is the ninth consecutive month that overall sales volumes have fallen, reflecting the ongoing challenge the retail sector faces in attracting consumer spending. Sophie Michael, head of retail and wholesale at BDO, said: 'Consumer spending continues to be challenged, with little optimism for retailers. 'We know that consumers are being incredibly cautious when it comes to discretionary spend, given the significant noise around rising job losses and volatility in the geopolitical landscape. 'There is also a growing gap between the performance of physical stores and online retail. 'Perhaps this is because online retailers have greater agility to adjust their inventory and promotional material to quickly align to consumer preferences, such as promoting summer outfits in extreme high temperatures and pivoting to waterproofs when the rain arrives.'
