High Street Pedestrian Flow Continues To Fall During Holiday Season In Consumer Hot Internet Shopping

Although Britain is the largest

Retailer

PLC (NXT.L) announced its weak Christmas holiday performance and its pessimistic attitude towards the future last week, which has been severely punished by investors, and also caused panic among high street retailers. But there is a voice that not all apparel retailers are so depressed. Some analysts even estimate Marks&Spencer Group PLC (MKS.L).

M&S or good news will come out.

After the 5 consecutive Christmas holiday season that ended in 2015, the market predicted that the M&S clothing business in Marsha would record a slight comparable sales growth in 2016. Besides the extra day business days, the cold weather also stimulated the winter demand more than the warm and rainy holiday season in 2015.

Analysts expect the holiday season sales of M&S Marsha's clothing business to fall by 2% to 1.5%, while food business is expected to show a slight decline.

Numis Corp PLC (NUM.L) analyst Andrew Wade pointed out that the performance of the group's holiday season in 2015 was so poor (forming a lower base), so it is likely to achieve a weak growth in 2016.

Data show that in the three quarter of fiscal year 2016 (holiday season 2015), the sales of M&S Marsha's clothing and home business were significantly reduced by 5.8%.

2016 is the first holiday season of Steve Rowe, which took office last April as the new chief executive. At present, M&S Marsha is making a comprehensive reorganization and reorganization of the domestic and foreign markets. The sales area of the British clothing will be optimized, and 53 international stores will close with the withdrawal of the loss market, including 10 stores in China.

Canaccord Genuity analyst David Jeary believes that the group is still in the recovery stage under his leadership, and their experience in clothing sales is still worrying. Therefore, David Jeary expects clothing sales to decline slightly, and that if there is another 6% decline, the stock price will collapse again.

According to the world clothing and shoe net, comparable sales of M&S Marsha's clothing and home business fell by 5.9% in the 2017 half and fiscal year ended October 1, 2016. Marks&Spencer Group PLC (MKS.L) has fallen 23% in the past 12 months.

In addition to M&S Marsha, the market also expects holiday season sales of cheap clothing retailers Primark (+2%), chain corporation John Lewis (+3.6%) and Debenhams PLC (DEB.L) (+0.5%) to rise, while the real winners will still be online retailers, such as ASOSLPLC and +2%. The growth rate of the holiday season for these two fashion providers is expected to reach 30% and 46% respectively. The latter will issue preliminary data on Tuesday 10.

High street pedestrian flow continues to fall during holiday season in consumer hot Internet shopping

Ipsos Retail data showed that the high street pedestrian traffic in Britain in December 2016 was the lowest in the same period since 1998, compared with a decrease of 9.3% over the same period last year, and the total number of people in the fourth quarter decreased by 6.6% compared with the same period in 2015. The Retail Intelligence Director Tim Denison of Ipsos believes that the black Friday from the United States has disrupted traditional shopping habits. The deeper reason lies in the structural change of buying behavior and the overall weakness of consumer demand.

But Retail Economics analyst Richard Lim expects that the clothing market revenue in December will still increase by 1.7%, or 700 million pounds to 42 billion 100 million pounds, compared with the same period in 2015. He also pointed out that the performance of the holiday season is not particularly good, but it is reasonable. At present, the purchasing power of consumers has not yet shown that Europe has an impact on their income.

In fact, since last June, the consumer confidence in Britain has remained unsettled. But with the sharp depreciation of the pound, the impact on prices will begin to emerge. This year's consumption will be affected.

The Bank of England points out that some families have bought large items of furniture and electrical appliances in advance of the sharp rise in prices, which means that these families will reduce their spending this year. Andy Haldane, chief economist of the bank, said it might be more difficult for consumers this year.

Last week, Next PLC revealed that in the past Christmas holiday season (November 1st -12 24), the full price sales fell by 0.4% year-on-year, while the market was expected to grow by 2.2%, but the decline was narrowed by 3.5% over the three quarter ending October. The group also lowered its annual sales and earnings forecasts, and repeatedly expressed the prospect of difficulty, especially in the price rise.

The performance update led NextPLC (NXT.L) to lose 17.7% in 2017 to 6 billion.

Marks&Spencer Group PLC (MKS.L) fell narrowly in early on the 9 day, dropping 0.48% to 332.1 pence at the time of the deadline, with a market value of about 5 billion 390 million pounds.

More interesting reports, please pay attention to the world clothing shoes and hats net.