×
273
Fashion Jobs
H&M
Visual Merchandising Manager - Sylvia Park
Permanent · AUCKLAND
LOVISA
Regional Manager
Permanent ·
ESTEE LAUDER
bb/cl/el/jm/lm/Mac/tf - Freelance Consultant - Auckland - on-Call/Freelance
Permanent · Auckland
ADIDAS
Store Manager, Adidas Westgate Factory Outlet
Permanent · AUCKLAND
PUMA
Holiday Casual Sales Associates - te Rapa
Permanent · HAMILTON
UNDER ARMOUR
Store Manager - Amazon - Glenfield
Permanent · AUCKLAND
H&M
Department Manager - Sylvia Park
Permanent · AUCKLAND
H&M
Department Manager - Wellington
Permanent · LOWER HUTT
H&M
28hr pt Sales Advisor - Flagship Store Commercial Bay
Permanent · AUCKLAND
H&M
Department Manager - Riccarton
Permanent · CHRISTCHURCH
PUMA
Retail Supervisor - Onehunga
Permanent · AUCKLAND
PUMA
Sales Associate - Onehunga
Permanent · AUCKLAND
PUMA
Holiday Casual Sales Associates - Onehunga
Permanent · AUCKLAND
PUMA
Holiday Casual Sales Associates - Hornby
Permanent · CHRISTCHURCH
ADIDAS
Retail Professional (Part Time) - Adidas Newmarket Bcs
Permanent · AUCKLAND
ADIDAS
Expressions of Interest (Retail Professionals) - Adidas Auckland Airport re-Opening
Permanent · AUCKLAND
ADIDAS
Retail Professional (Part Time) - Adidas Hornby
Permanent · CHRISTCHURCH
ADIDAS
3ic - Adidas Hornby FO
Permanent · CHRISTCHURCH
ADIDAS
Retail Professional (Part Time) - Adidas Britomart Ocs
Permanent · AUCKLAND
ADIDAS
Assistant Store Manager - Adidas Newmarket Bcs
Permanent · AUCKLAND
ADIDAS
Casual Retail Professional - Adidas Onehunga FO (Christmas)
Permanent · AUCKLAND
ADIDAS
Casual Retail Professional - Adidas Westgate FO (Christmas)
Permanent · AUCKLAND
Published
Aug 9, 2022
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

UK shoppers surprisingly ready to spend during heatwave, fashion stays strong

Published
Aug 9, 2022

Very hot weather drove Britons to buy summer fashion, as well as goods for outdoor activities in July. But they also reined-in spending on foreign travel and eating out as the cost-of-living squeeze made itself felt, two surveys showed on August 9.


Photo: Pixabay/Public domain



The British Retail Consortium said the value of total sales at its members (mainly big chains and supermarkets) rose 2.3% year on year, compared to falls in the each of the past three months. Like-for-like sales rose 1.6% after being down for the previous four months.

But while that looks good on the surface, given that the figures aren't inflation-adjusted and inflation is currently running close to double digits, it actually represents falling volumes overall.

"Consumer confidence remains weak, and the rise in interest rates coupled with talk of recession will do little to improve the situation," BRC chief executive Helen Dickinson said.

Meanwhile, figures from payments giant Barclaycard looked surprisingly healthy.

Consumer spending (rather than just retail sales) in July rose 7.7%, boosted by sales of fashion, beauty and holidays in the UK. But spending on essentials where prices are rising fast was a big part of the increase as well, with utilities spending surging 44% and fuel rising 30%.

Barclaycard said spending on non-essential items rose 8% year on year, and 1.3% month on month, with a likely combination of inflation, the hot weather and summer and school holidays giving rise to increased discretionary spending across a range of categories.

Clothing retailers managed to beat that figure and saw particularly positive uplifts of 8.7% year on year and 4% on the month, while pharmacy, health & beauty stores also saw strong growth of 8.6% and 3.1% over the same timeframe.

The July heatwave also boosted sports and outdoor retailers, up 1.7% compared to June.

Despite Barclaycard also saying that spending on such areas as international travel and eating out was being cut by consumers, overall they seem to be feeling a little more confident about their household finances. While the level of 66% feeling better for July was lower than a year ago, it was higher than the 59% recorded in June.

Copyright © 2022 FashionNetwork.com All rights reserved.