Published
Apr 26, 2016
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Lfl retail sales grow 0.4% in March across Hammerson shopping centres

Published
Apr 26, 2016

Despite positive spikes in the run up to Mother’s Day and Easter, March delivered a modest growth in like-for like retail sales, showed Hammerson’s Retail Tracker on Tuesday.


Brent Cross shopping centre - Hammerson


According to the tracker, which monitors sales activity across Hammerson’s UK-wide portfolio of shopping centres, the seven week period to 31 March saw like-for-like sales grow 0.4%. The figure outperformed the BRC’s and ONS’s retail data for March, which saw like-for-like sales down -0.7% and - 0.1% respectively.

As expected, consumers celebrated Mother’s Day with an 12.3% uplift in jewellery sales between 4-10 March and the Easter weekend delivering a 10.3% growth in overall like-for-like sales.

In the period, Brits also proved their love for athletic wear generating positive sales of 16.2% in terms of sports and outdoor. The performance was driven by AirMax Day 2016 (26 March) with sneaker seeking shoppers updating their Nike Air Max collections and the launch of Beyonce´s Ivy Park activewear label at the end of the month.

Commenting on the performance, CEO David Atkins said: “Despite the sales period being quite clearly punctuated by peaks for gifts and holiday treats and a slower start to the spring season collections, it is encouraging to see that sales across the portfolio remained positive. The “AthFash” trend appears to be the continued star performer, with shoppers across the UK updating their wardrobes with new sports kit for the spring season.”

Meanwhile, sales of childrenswear continued to be buoyant with an 11% growth in the seven week period. 

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