Black Friday
This coverage examines Black Friday’s impact on the UK retail sector, focusing on sales performance, promotional strategies, consumer trends, supply chain pressures, and operational planning. Reporting provides insights into how retailers prepare for and execute campaigns, manage demand, and assess outcomes — offering valuable context for executives and managers navigating peak trading periods.
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Jan- 2022 -12 JanuaryClothing & Shoes
JD Sports raises profit forecast to £875m
JD Sports Fashion Plc has raised its pre-tax profits forecast to an average £875m for the full year to 29 January 2022, compared to the previous expectation of £810m, due to “sustained” consumer demand through the second half of the year. Additionally, total like-for-like revenues were more than 10% ahead…
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10 JanuaryOnline & Digital
Digital fashion sales fall back in December
Both digital fashion sales and web traffic fell back in December, falling -35% and -121% month-on-month, according to data from True Fit. This dip, True Fit said, “could have been caused by consumers buying early, having already made digital fashion purchases during Black Friday, or were due to shoppers holding…
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Dec- 2021 -21 DecemberClothing & Shoes
Nike revenues remain flat in Q2
Nike has announced that revenues in its second quarter rose by 1% to $11.4bn (£8.6bn), remaining flat as it continued to manage the ongoing impact of supply chain challenges across the global marketplace. Revenues in Greater China and APLA declined, however, largely due to lower levels of available inventory resulting…
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17 DecemberEconomy
November retail sales rise by 1.4%, ONS reveals
Retail sales volumes rose by 1.4% in November 2021, and were 7.2% higher than pre-Covid levels in February 2020, according to the latest Office of National Statistics (ONS) data. Non-food stores sales volumes rose by 2% during the period due to growth in clothing stores (2.9%) and other non-food stores…
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15 DecemberClothing & Shoes
In The Style profit halves amid supply chain issues
In The Style has seen its profit halve in the six months ended 30 September 2021, falling by 51.3% as the group was hit by supply chain issues over the period. However, the group said there was “impressive growth” against the “exceptional” prior period, and saw revenue rise by 38.8%…
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15 DecemberComment
How e-commerce managers can prevent website overload this holiday season
Retailers remain at the coal face of digital innovation – after all, it was retail e-commerce sites such as Amazon that literally revolutionised the world. Christmas 2020, largely locked down in most parts of the world, offered the pinnacle of online trading conditions. This season, whether it be the convenience…
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14 DecemberClothing & Shoes
Joules lowers H1 profit guidance amid global supply issues
Retailer Joules expects to report lower pre-tax profits for the 26-week period ending 28 November ranging from £2m to £2.5m, compared with last year’s result of £3.7m. The lower profit expectation was attributed to the “well-documented” global supply chain issues which have resulted in some higher costs and stock delays…
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13 DecemberOnline & Digital
Online sales plummet in November
Online retail sales recorded their lowest ever growth in the month of November – falling by 19.8% Year-on-Year (YoY), according to the latest IMRG Capgemini Online Retail Index. While this does compare to a strong November 2020 (36.2%), the Month-on-Month (MoM) figures were equally negative – showing a rise of…
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7 DecemberEconomy
Footfall shows signs of Omicron hesitancy
Footfall rose by only 0.7% in UK retail destinations last week against the week before, according to new data from retail expert Springboard. It said that the uplift was derived from rises in shopping centres that saw an increase of 2.3%, and retail parks where footfall increased by 1.3%. Meanwhile,…
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2 DecemberComment
Snatching peak from the jaws of Amazon
Consumer shopping habits this peak season are already unlike anything the industry has seen before. A slow burn, ultra-cautious approach that could well lead to a last-minute rush – a rush that Amazon thinks it’s going to win. The conventional wisdom – as far as convention can be wise in…
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