Burberry had a good Christmas quarter even though its comp sales rise fell short of analysts' predictions. Its fashion offer outperformed while digital continued to rise and top-spending shoppers returned to the fold.
Think of this coming weekend in London as a Double Hitter Twelfth Night. Both to celebrate the epiphany and kick off London Fashion Week Men’s, a four-day feast of some 50 events - shows; presentations; and lock-ins.
UK consumer confidence fell again in December and is fast approaching two years of decline, according to GfK’s consumer confidence index. Of the five measures analysed for the score, just one saw an increase.
British retail sales grew much faster than expected last month as shoppers took advantage of Black Friday bargains, official figures showed on Thursday, contrasting with more downbeat industry surveys.