Retail leaders are optimistic about Christmas spending in 2024.Inflation has eased, boosting shopper confidence and spending intentions.Sales predictions expect a 4% increase, despite economic challenges.Fashion, beauty,…
Browsing: consumer confidence
Mulberry continues to face financial challenges, reporting a significant operating loss for the first half of 2024.The British luxury brand’s operating loss reached £13.1 million, a…
The UK’s economic growth witnessed a sharp slowdown in the third quarter of 2024, as latest figures reveal.GDP rose just 0.1% between June and September, a…
Asos faces a challenging period with an 18% drop in UK orders and declining revenues, yet remains optimistic about its strategic adjustments.The company’s full-year revenue fell…
Consumer confidence in the UK has waned as anticipation builds for Labour’s upcoming Budget.The GfK consumer confidence index saw a decline, reflecting concerns over potential tax…
UK consumer sentiment weakens as concerns over tax hikes grow prior to Labour’s Budget.Chancellor Rachel Reeves is preparing for significant fiscal adjustments.GfK’s survey indicates heightened economic…
Recent data reveals a decrease in consumer confidence as the budget announcement approaches, sparking uncertainty and apprehension.Consumer confidence, as reported by GfK, has decreased by one…
In September, UK retail sales defied expectations by rising, despite predictions of decline amidst economic uncertainties.Retail sales increased by 0.3% in September, surpassing the anticipated 0.4%…
The UK’s retail sales witnessed an unexpected rise in September despite analysts’ predictions of a downturn, driven by a boost in technology sales.Official data revealed a…
The Wiltshire-based retail group faces significant financial challenges, accumulating losses over a decade.The company, which owns brands like Cotswold Outdoor, Runners Need, and Snow and Rock,…