Tag : GlobalData
Clothing and footwear will be the retail sector worst hit by the coronavirus outbreak in 2020, and preliminary forecasts show an expected £11.1bn decline in sales for the year, figures from GlobalData suggest.
Westfield London and Westfield Stratford City have been named the best shopping centres in the UK for the second year running, scooping first and second place respectively.
Mother’s Day spend to hit £1.6bnSubscription
Mother’s Day spend among consumers in the UK is estimated to increase by 0.8% to £1.6bn this year, according to new research.
Young consumers drive shopping app spend Subscription
Almost 70% of young consumers are driving spend on UK retailers’ mobile phone apps, new research has shown.
UK Black Friday sales to jump Subscription
Black Friday is predicted to bring £10.4bn in sales to the UK, up 3.1% on last year, a new report from GlobalData has shown.
UK fashion accessories sales dropSubscription
Four million British consumers stopped buying fashion accessories in 2017, with the number of UK shoppers buying accessories dropping from 50.6% in 2016 to 40.9% in 2017.
The volume of clothing and footwear retail sales is likely to fall by 0.6% year on year in the final quarter of 2017 as shop prices rise, according to new research.