Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Trading rises at indies in first BSSA sales monitor

Sales performance at independent fashion retailers rose by 1% for the three months to September 30, according to the inaugural sales monitor from the British Shops and Stores Association (BSSA).
The first report, seen exclusively by Drapers this week, provided a snapshot of trading patterns for independents and small chains across the retail industry.

The report is based on sales information and is submitted directly by independents via a dedicated BSSA website.

It found that 57% of the total 218 respondents across all sectors reported better trading than for the same time last year. The overall performance was 1.9% ahead, but fashion indies reported a 1% increase.

The report also showed significant regional differences. Northern Ireland businesses reported the best average growth, at 5% ahead of last year. South-west England came next, with average growth of 4.3%. The worst performance was in the north-west, where sales slumped by 3.6% on average.

BSSA chief executive John Dean said retailer confidence was “very fragile”, and this was affecting smaller businesses more than larger ones. “Smaller retailers feel very much under siege. They feel threatened by larger multiples in terms of the timing of going on Sale and they are desperate to maintain their margins,” he said.

For the second BSSA sales monitor, independent retailers are invited to submit sales data in the first two weeks of January for the three months ending December 31. All data is strictly confidential. The results will be published at the end of January. Log on to the breaking news section of www.british-shops.co.uk for more information.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.