By  on October 8, 2012

LONDON — It looks as if the green shoots of recovery may have begun to sprout on the U.K. high street.

On Monday, the BDO High Street Sales Tracker said same-store sales in September rose 3.5 percent year-on-year, with fashion up 3 percent. Storms and autumnal weather drove up fashion revenues, BDO said.

Non-fashion sales, meanwhile, grew by 7 percent year-on-year and were buoyed by strong performances in gifting and leisure, beauty and luxury revenues.

Don Williams, national head of retail and wholesale at BDO LLP, said: “These figures are being compared against a relatively weak 2011, but the predicted Olympic afterglow seems to have helped boost sales. The autumnal weather has certainly provided a welcome fillip for fashion sales too.

“Next month’s figures will give us a better idea of how strong the recovery is, but we expect growth to remain positive in the run-up to Christmas,” he added.

Meanwhile, Marks & Spencer announced Monday it plans to take on an extra 20,000 employees across its U.K. and Republic of Ireland stores this Christmas — 5,000 more than last year. Steve Rowe, director of retail at M&S, said it was hiring the extra help to ensure maximum levels of customer service.

To access this article, click here to subscribe or to log in.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus