BDO: Sales largely flat for mid-market retailers

Good weather and start of the new football season slow footfall on the High Street.
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Sales figures from BDO Stoy Hayward's High Street sales tracker for the week ending August 16th showed that overall sales were largely flat compared to the previous week.

The fine weather, as well as the beginning of the new football season, contributed to the static performance, however the firm said that it should be seen as encouraging.

"Although fashion remains in negative territory, there's reason for optimism in that we've seen a return to growth in non-fashion and homewares," said Don Williams, retail partner at BDO.

Non-fashion sales grew 2.02 per cent for the week, with retailers of luxury goods being particularly strong and London-based stores benefiting from the impact of tourists visiting the capital.

However, the fashion sector slipped 2.5 per cent, with mainstream fashion retailers having the worst performance due to casual shoppers staying away because of the good weather.

The homewares sector was up slightly (0.02 per cent), while non store rose by 43.3 per cent.


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