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Brexit blues and bad weather hit Scottish fashion sales

Potential post-Brexit blues and bad weather have been blamed for a 1.8% drop in Scottish retail sales compared with the same time last year.

A survey by the Scottish Retail Consortium and KPMG, showed that the drop contrasts with a 1.9% year-on year increase in sales across the UK as a whole. It is a further drop from the fall of 1.4% reported by the Scottish Retail Consortium in July.

The BBC reported that clothing and footwear sales were particularly poor.

Commenting on the findings, Scottish Retail Consortium director David Lonsdale said: “It is possible that more prolonged post-Brexit blues in Scotland may perhaps have affected consumer confidence and been a contributing factor to the dip in retail sales. However, in reality thus far little has materially changed for most households in the wake of the referendum.”

KPMG head of retail David McCorquodale, said: “It’s far too early to call the Scottish sales figures for July a barometer of the Brexit vote impact. The consequences, good or bad, will take some time to be negotiated and even longer to be felt in the consumer’s purse. Rather, the weather was, as ever, the driver across the board and deflation was the co-driver in the food segment.”

 

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