Fashion retailer here and have to say business nose dived over the summer, I’m wondering if others have noticed it too? Usually when times are tough we can rely on the tourists buying tax free items to keep the momentum running but since tax free isn’t a thing in the UK any more it’s been dire to say the least especially when goods bought in Europe are tax free.
I dont see any signs of it getting better, the naff summer weather actually drove footfall indoors but had little impact on turnover. I know times are hard but the financial crisis has impacted more than I thought and is seemingly across the board.
Just curious to know how it’s been for others? Will autumn and the Christmas ‘rush’ save us?