Warm weather hits retail sales Retail sales volumes fell by more than expected in September, as unseasonably warm weather hit demand for autumn and winter clothing, the Office for National Statistics (ONS) reported today.
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StyleTheIndustry.fashionClothing and footwear volumes fell 0.9% as autumn and winter ranges stalled in one of the warmest Septembers on record, steepening a decline economists had expected to be marginal.
StyleTheIndustry.fashionLower exceptional costs and a wider gross margin drove the half-year swing. A non-cash US warehouse credit pushed the group into statutory profit, and disposals are set to clear its net debt by February.
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