N Brown may have moved to an online focus in recent years, but unlike some other pureplay retailers, it didn’t have such a good autumn and festive season. Yet despite sales falls, there are signs it’s on the right track
Following a “genuine disaster”, the Spanish Textile Trade Association is not optimistic about its January sales as shoppers remain reluctant to buy clothes, fearing that they will not have the chance to wear them.
E-tailer Very Group has reported a buoyant set of figures for its festive period with the seven weeks to Christmas seeing group revenue up 15.3% year-on-year. It surpassed £500 million for the period for the first time.
Consumer spending fell 2.3% year-on-year in December as areas moving into higher tiers, and reimposed lockdowns, dented the kind of activity usually seen in the festive season. But online was a bright spot.