Clothing Sales Fell To The Lowest Point In Autumn, And Clothing Retailers Suffered Heavy Losses

The same period last year, clothes The sales volume is 0.7% higher than this year. Food, furniture, clothing The sales volume of the industry is lower than that of the same period of previous years. Retailers hope to turn this around during the Christmas season. Last month's sales growth was the lowest so far.

Compared with physical store shopping, online shopping has grown, and the growth has made up for the losses of physical stores. Data shows that if there is no online shopping, the turnover in September will be very bleak. Excluding food, online shopping increased by 13.4% in September. In the past three months, online shopping sales accounted for one third of the non food industry.

Despite the recovery of the British economy, British consumers still hold a cautious wait-and-see attitude.

The continuous decline of data has sounded an alarm bell for retailers, making them especially look forward to the arrival of the Christmas shopping season. The abnormal warm climate makes it difficult to sell clothes in autumn. Consumers are very sensible about shopping. They think it is necessary to buy thick clothes only when the temperature is declining. Consumers are cautious and rational when shopping, but the retail industry is hit hard. Retailers are ready to promote and hope to improve their performance at Christmas.

The British economy recovered. Economists had expected it to rise again in September after falling in August. But in September, it experienced a great decline. On Tuesday, economic experts said that it is too early to think that the British economy has recovered. There are still risks in the sales market, both at home and abroad.

Despite heavy losses in the clothing industry, quarterly surveys show that the turnover of more than 7000 companies has increased significantly. Experts expect GDP growth in the third quarter to be around 0.9% to 1.0%. (GDP growth in the second quarter was 0.7%) Compared with the second quarter, both manufacturing and service industries improved.