The cold weather in July did not bring good news for the UK retail sector, but the following two months spiced things up again. Fashion retail sales appear to be back on track with the wider economy, as continued falling inflation has led to lower prices. Consumers are still reluctant to spend given the difficulties of recent years, but the challenge for retailers is now to keep up and not fall behind again in order to boost demand in the months leading to Christmas
As inflation fell to its lowest level in three and a half years, UK retail sales rose by 3.6% year-on-year in value terms in September, according to the latest ONS figures
The UK fashion retail sector benefited from a deflationary trend in July, according to the British Retail Consortium (BRC), giving consumers a temporary respite from recent difficult months
Today we bring you a conversation with Steve Lamar, President and CEO at American Apparel & Footwear Association (AAFA). Watch the new episode of the World Footwear Voices