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UK fashion retailers' sales slump in September heat - BDO survey

Thu, 06th Oct 2016 23:00

LONDON, Oct 7 (Reuters) - Britain's fashion retailersendured a slump in sales in September as unseasonably warmweather deterred sales of autumn and winter collections,industry data showed on Friday.

UK high street fashion sales fell 5.9 percent year-on-yearin September, according to BDO, the accountancy and businessadvisory firm.

It said every week in September saw negative year-on-yearsales for fashion.

BDO said high street sales across all sectors fell 2.8percent.

September 2016 tied with September 1946 as the secondhottest September since 1910, according to Britain's Met Office.

Several store groups including women's clothing retailerBonmarche and homewares retailer Dunelm havealready blamed the UK's hot September for weaksales.

The data and company updates could have implications for thebigger players in Britain's clothing market, which have alreadyendured unhelpful summer weather patterns, with June a washout.

Concerns have centred on Marks & Spencer andDebenhams.

M&S is not due to publish half-year results until Nov. 8,while Debenhams is scheduled to report full-year results on Oct.27. Shares in M&S are down 27 percent so far this year, whileDebenhams is down 24 percent.

The British Retail Consortium will publish its data forSeptember spending on Oct. 11 and official data will bepublished on Oct. 20. (Reporting by James Davey; editing by Susan Thomas)

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