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Half term hinders high street sales

Sales at clothing and footwear retailers suffered from the half term holiday last week with overall sales down 6.7%, as sales at independent retailers also continued to decline.

According to the BDO High Street Sales Tracker sales at clothing stores dropped by 7.7% for the week ending October 30 with total fashion sales tumbling by 6.7%. However sales at footwear retailers saw a marginal rise of 0.1%.

Jamie Talmage, retail analyst at BDO, said: “Last week’s half-term holiday created disappointment with only a handful of premium footwear stores outperforming.”

In addition according to new figures from independent retailers’ trade association British Independent Retailers Association (Bira), clothing and footwear indies saw an average decline of 4.6% over the three months to September 30, the third consecutive quarter to drop year-on-year.

Across all sectors covered by Bira indies in Ireland fared the worst suffering a 9% drop in sales year-on-year. The only two regions to see a growth in sales year-on-year were the South-West and East-Anglia posting growth of 4.9% and 4.5% respectively.

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