
London was the top city for luxury store openings last year due to its gateway status and appeal to Chinese shoppers, a new report shows. But Paris came in second place, ahead of New York, Dubai, Hong Kong and Milan.
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London was the top city for luxury store openings last year due to its gateway status and appeal to Chinese shoppers, a new report shows. But Paris came in second place, ahead of New York, Dubai, Hong Kong and Milan.
After all the good and bad trading updates, and the many different unofficial sales stats, the UK's ONS has finally released its official numbers for December. Sales rose on the year but fell compared to November.
British inflation hit its highest rate in over two years last month, pushed up by more expensive clothing and the impact of June's Brexit vote on the prices consumers paid for tech goods.
British retail sales surged in October, as colder weather boosted clothing sales and supermarkets cashed in from Halloween, lifting annual sales growth to its highest in more than 14 years.
British inflation slipped unexpectedly last month but factory gate prices shot up at the fastest pace in years after sterling's Brexit slump, spelling higher prices for consumers in the year ahead.
British inflation recorded its biggest jump in two years last month, setting the tone for a steep rise in prices over the coming year as sterling's post-Brexit plunge squeezes household finances.
British retail sales softened only slightly in August after a bumper July, suggesting June's vote to leave the EU has had little impact on shoppers' willingness to spend, official figures showed on Thursday.
British retail sales suffered their sharpest monthly fall in six months in June, but stores said bad weather rather than Brexit was to blame, leaving open the question of how big a hit the vote to leave the European U...
New statistics from the Office for National Statistics show that 79% of British people shop online, the highest percentage in Europe.
British retail sales suffered an unexpected dip last month, wrong-footing economists who said rising wages and lower prices still pointed to strong prospects for consumer spending, a mainstay of the country's growth.