First the bad news. Clothing sales for June were “poor for the time of year”, according to the latest Confederation of British Industry (CBI) survey. What’s more, growth in online sales slowed sharply this month.
Amazon Prime Day may have driven massive traffic to Amazon itself, but it also had a knock-on effect on other retailers, a new study has shown. And beauty and fashion were key purchase priorities during the event.
Fans of PrettyLittleThing can soon actually ‘vacation the brand’. Parent Boohoo Group is launching a PrettyLittleThing luxury hotel in Cornwall to take advantage of 2021’s high demand for UK staycations.
UK consumer confidence remained stable in June and there’s a brighter picture for personal finances. But the question remains whether the threat of inflation is already clouding prospects for the economy, Gfk said.
Joules seems happy with its progress in the year to the end of May, despite the pandemic. It saw continued strong digital momentum and said that since reopening in April, store sales have been ahead of expectations.
Gardens are the new black and now Selfridges has launched garden centres at several stores. They’re not just any old garden centres as it’s bringing a Selfridges-style and fashion-focused twist to the category.
It was all looking so good at the beginning of June. But more bad weather and the announcement of a further delay to the complete reopening of retail saw UK footfall again dipping for a second consecutive week.
One of the the ‘Big Four’ UK supermarket chains, Morrisons, has received an unsolicited bid approach valuing it at £5.5bn. But it has rejected the offer, despite it being above its closing share price as of Friday.