333
Fashion Jobs
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · KWUN TONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
FRESH
Senior/Retail & Education Executive, tr Apac
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
LOUIS VUITTON MALLETIER
Repair Operations Specialist
Permanent · HONG KONG
LOUIS VUITTON MALLETIER
Specialist - Client Development
Permanent · HONG KONG
LOUIS VUITTON MALLETIER
Senior Specialist - Client Development
Permanent · HONG KONG
BENEFIT COSMETICS
Retail & Operations Manager
Permanent · HONG KONG
CHRISTIAN DIOR COUTURE
Logistics Officer - Sales Administration
Permanent · CAUSEWAY BAY
LORO PIANA
Client Development Manager
Permanent · HONG KONG
BOBBI BROWN COSMETICS
Senior Education Manager, Bobbi Brown, Apac
Permanent · HONG KONG
L'OREAL GROUP
Supply Chain Planner
Permanent · HONG KONG
ADIDAS
Director, Sustainable Sourcing - Chemical, Water & Waste Management
Permanent · HONG KONG
HYPEBEAST
Account Manager
Permanent · HONG KONG
HYPEBEAST
Brand Partnership Manager
Permanent · HONG KONG
HYPEBEAST
Accounting Officer
Permanent · HONG KONG
DR. MARTENS
(Assistant)Accounting Manager
Permanent · TSIM SHA TSUI
ABBOTT
Sales Representative
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
Published
Jan 8, 2020
Download
Download the article
Print
Text size

Sainsbury's sees Q3 fashion strength as cold weather boosts sales

Published
Jan 8, 2020

There was good news and bad from UK supermarkets giant Sainsbury's on Wednesday as the company’s third-quarter trading statement (the 15 weeks to January 4) showed weak sales, although fashion was stronger.


Tu Clothing


Total sales at the company fell by 0.7% excluding fuel, with like-for-like sales down by the same amount. And general merchandise sales fell an even bigger 3.9%, which means the Argos chain’s turnaround remains a work in progress. But clothing (mainly its Tu Clothing brand) helped to save the day with a 4.4% increase.

The fashion performance was helped by the cold weather and by seasonal clothing that saw customers buying into its offer in ever larger numbers. Full-price sales were up nearly 8% and womenswear was particularly popular, including “a sell-out range” of novelty Christmas jumpers

That was good news given that the usually-high-performing clothing category had been weaker in recent periods. In the first quarter of the current financial year it actually fell 4.5%, although it recovered to a 3.3% increase in Q2. The 4.4% rise for Q3 is therefore very encouraging.

And while general merchandise continued its run of sales falls in the current year with the market being “challenging”, the company also said that Christmas, party and gifting ranges were strong. And CEO Mike Coupe added that Argos enjoyed its its biggest digital event ever for Black Friday. It saw record sales through mobile and via click-and-collect around the key seasonal sales event and took 12 orders per second in the peak hour.

Copyright © 2024 FashionNetwork.com All rights reserved.