Christmas trading news and archive

Germany: Sluggish Christmas trade awaits final rush

The German retail sector is navigating a challenging festive period, with many companies resorting to aggressive discounting to stimulate demand. German fashion chain Peek & Cloppenburg (P&C) launched a significant advertising campaign during the final weekend of Advent, offering price reductions of up to 50 percent on coats, jackets and...

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Business

Primark's “strong” Christmas sales boosted by Rita Ora

Value fashion and homeware retailer Primark has reported “strong” Christmas trading despite the unseasonal warm weather, helped by its performance wear, leisure and tailored clothing and collaboration with singer Rita Ora. In the 16 weeks to January 6, retail sales were up 7.9 percent to 3.37 billion pounds, with like-for-like sales up by 2.1...

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Management

High inflation to drive Christmas spend this year

London - High inflation rather than strong volumes is set to drive Christmas spend this year, as fashion retailers are in for a disappointing holiday season, according to GlobalData. Total retail sales are predicted to grow 1.9 percent during the fourth quarter - and although this is up on the 1.5 percent increase reported last year, this bump...