×
1 575
Fashion Jobs
ESTÉE LAUDER
Global Consumer Marketing Manager jo Malone London
Permanent · London
ESTÉE LAUDER
la Mer - Business Manager - Fenwick, Bracknell - 24 Hours / 4 Days - Part-Time Permanent
Permanent · Bracknell
MARSHALLS
71 Retail lp Detective
Permanent · Los Angeles
LINDA FARROW
Optical Key Account Manager
Permanent · LONDON
LINDA FARROW
After Sales Executive (German And French Speaking)
Permanent · LONDON
LINDA FARROW
Trade Marketing Manager
Permanent · LONDON
SHISEIDO
Bareminerals Account Manager - Boots Bracknell (37.5 Hours)
Permanent · Bracknell
SHISEIDO
Bareminerals Account Manager - Boots Stratford (37.5 Hours)
Permanent · London
SHISEIDO
Nars Business Manager - Fenwick Newcastle (37.5 Hours)
Permanent · Newcastle upon Tyne
SHISEIDO
Account Manager - Boots Hammersmith (22.5 Hours)
Permanent · London
GUCCI LIMITED
Gucci Stock Manager
Permanent · LONDON
NIKE
Purpose Marketing Manager, London
Permanent · London
NIKE
Agile Marketing Manager, London
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Edinburgh, John Lewis- 37 Hours - Full-Time, Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Demand Planner - The Estée Lauder Companies
Permanent · London
SHISEIDO
Bareminerals Account Manager - Boots, Edinburgh Gyle (30 Hours)
Permanent · Edinburgh
SHISEIDO
Laura Mercier Account Manager - Harvey Nichols Manchester (37.5 Hours)
Permanent · Stretford
SHISEIDO
Bareminerals - Account Manager (30 Hours)
Permanent · Edinburgh
V. F. CORPORATION
Manager, Strategic Accounts - Dickies Emea
Permanent · LONDON
VANS
Credit Controller - Spanish Speaking - Vans
Permanent · CALVERTON
VF INTERNATIONAL
Multilingual Credit Controller - Key Accounts (English Plus Any European Language)
Permanent · CALVERTON
By
Reuters API
Published
Aug 10, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Sporty summer lifts post-lockdown UK consumer spending

By
Reuters API
Published
Aug 10, 2021

Sporting events and the summer holidays prompted a big increase in British consumer spending in July, aided by the lifting of COVID-19 restrictions, surveys showed on Tuesday.


Reuters


Payment card provider Barclaycard said consumer spending was up 11.6% compared with its pre-pandemic level of July 2019, marked by the first growth in the entertainment sector since before an initial COVID-19 lockdown in March last year.

Supermarkets and other food and drink retailers saw booming trade as people gathered to watch sporting events, including the second half of the Euro 2020 men's soccer tournament, the Wimbledon tennis championships and the Olympic Games, Barclaycard said.

"July's major sports fixtures... kept the nation in good spirits, providing more reasons to celebrate together, and giving the entertainment industry its long-awaited boost back into growth," said Raheel Ahmed, head of consumer products at Barclaycard.

A separate survey from the British Retail Consortium (BRC) showed spending in shops increased by 6.4% in July compared with a year previously.

"July continued to see strong sales, although growth has started to slow," said Helen Dickinson, the BRC's chief executive, adding that online sales remained strong as unseasonably wet weather last month dissuaded some customers from visiting shops.

Barclaycard also reported a slowdown in spending at face-to-face retailers.

"While some sectors took a small step back as the post-lockdown 'honeymoon' period cooled, July was a positive month overall. However, with inflation expected to rise, it will be interesting to see how this impacts consumer spending behaviour over the coming months," Ahmed from Barclaycard said.

Last week the Bank of England said inflation now looked on course to rise even further above its 2% target in the months ahead, touching 4.0% in late 2021 and early 2022, its highest in 10 years.

© Thomson Reuters 2021 All rights reserved.