Demand for fashion, partly driven by escape from lockdowns, defies expected slowdown in non-essential purchases

As the cost of living crisis builds up UK shoppers are slashing their budgets in almost all areas. But there is a notable exception – the money spent on clothing is above pre-pandemic levels, the return of weddings, holidays and socialising fuelling a boom in “revenge spending” or buying those treats missed over months of pandemic lockdowns.

Shoppers are forking out almost a fifth more on clothing than last year, research from Kantar for the Guardian has found, taking the value 1% ahead of the 2019 figure.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

UK-Germany trade slumps amid Brexit and Covid fallout

First official snapshot comes after collapse of export volumes in first month…

‘The hardest music to sell in the UK’: why is British R&B being ignored?

UK artists are big in US but at home their music has…

Tweaks to law on spiking ‘won’t help’ unless police attitude changes, say experts

Home Office plans wording ‘update’ but campaigners call for new offence to…