RE: FT snippet about retail/clothing..11 Jul 2023 18:51
Very interesting....
Grimrip44
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FT snippet about retail/clothing..Today 18:32
Harwood added that even clothing retailers, which have struggled since the onset of the cost of living crisis, had returned to growth as consumers took advantage of hotter weather to refresh their wardrobes.
Barclays said spending on clothing increased by an annual rate of 4 per cent in June, the highest growth in almost a year, while the pharmacy, health and beauty sector received its biggest boost since January, with spending up 6.8 per cent.