×
2 565
Fashion Jobs
URBN
Anthroplogie Visual Manager - Regent st, London
Permanent · LONDON
ESTEE LAUDER
Clinique - Consultant - Jollys, Bath - 7.5 Hours - Part Time, Permanent
Permanent · Bath
ESTEE LAUDER
la Mer - Business Manager - Selfridges, Exchange, Manchester - 37.5 Hours / 5 Days - Full Time, Permanent
Permanent · Manchester
ESTEE LAUDER
Clinique - Consultant - John Lewis, Cribbs Causeway - 13 Hours - Part Time, Permanent
Permanent · Patchway
ESTEE LAUDER
Tom Ford, Frederic Malle, by Kilian - Business Manager - Harvey Nichols, London - 37.5 Hours / Week - Full Time, Permanent
Permanent · London
AESOP
Retail Consultant | Part Time, Permanent | New Aesop Battersea Power Station, London
Permanent · London
AESOP
Retail Consultant | Full-Time, Permanent | New Aesop Battersea Power Station, London
Permanent · London
BERSHKA
General Manager - Bershka Blanchardstown
Permanent ·
STRADIVARIUS
General Manager - Stradivarius Jervis
Permanent ·
STRADIVARIUS
Stradivarius General Manager Stratford
Permanent · LONDON
HEAD OFFICE
Commercial Buying Product Expert
Permanent · BRACKNELL
DEBENHAMS
CRM Assistant
Permanent · LONDON
HEAD OFFICE
Information Security Analyst (Cloud), Secure by Design
Permanent · BRACKNELL
AUTUMNPAPER LIMITED
Alexander Mcqueen Senior Performance Marketing Manager - 12 Month Ftc
Permanent · LONDON
DR. MARTENS
Retail Regional Manager - UK
Permanent · LONDON
BOOHOO GROUP
Warehouse Operative
Permanent · BURNLEY
VF INTERNATIONAL
Account Coordinator - Italian Speaking - Vans
Permanent · NOTTINGHAM
VF INTERNATIONAL
Senior Distribution Systems Specialist
Permanent · COALVILLE
VF INTERNATIONAL
dc Inventory Team Leader
Permanent · COALVILLE
VF INTERNATIONAL
Warehouse Area Manager
Permanent · COALVILLE
VF INTERNATIONAL
dc Team Leader
Permanent · COALVILLE
ESTEE LAUDER
la Mer, Bobbi Brown And Darphin - Consumer & Business Analyst
Permanent · London
Published
Mar 5, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Gift card sales continue to rise in UK, despite weak consumer environment

Published
Mar 5, 2019

​The UK gift card market is continuing to grow and support the UK retail market, despite the challenging retail conditions, according to the latest industry report from the UK Gift Card & Voucher Association (UKGCVA).


Gift cards are continuing to rise in popularity in the UK



Produced by accountancy and business advisory firm BDO, the report shows an “overall promising picture” with year-on-year growth of 10.73%.

Gift card sales rose across retail, experiential and third-party supplier sectors, with store branded cards showing “particularly impressive growth at 16.64% for the period.” This was driven by an increase of 33% through the business-to-business (B2B) channel and 4.5% through the consumer sales channel. 

Within the consumer sales channel, which includes gift card malls, online sales and sales of store branded gift cards sold direct from retailers’ own stores, gift card malls once again saw the greatest increase, although no figure was given. 

But that’s no surprise as direct sales from retailers’ own stores are still where the majority of gift cards are purchased, accounting for 75.62% of all consumer sales. So growth of ‘only’ 4.7% for this part of the sector in the period is understandable as it’s harder to expanded fast when the channel already accounts for most sales.

Digital gift cards are also increasing in popularity and experienced the highest growth in the second half of 2018, when compared to paper and physical cards, the report said, although again, it didn’t give an exact figure.

Copyright © 2022 FashionNetwork.com All rights reserved.

Tags :
Retail