May sunshine gives 3.4% boost to retail sales
07 Jun 2012 | by Daniel Farey-Jones
Retail sales climbed 3.4% in May, as sunshine boosted sales of food and drink, clothing and footwear, although big-ticket items continued to languish.
Click
to remove filters
Among China consumers, Apple is the number one brand in the mainland, while Samsung has aced out Apple in Hong Kong, according to the Campaign Asia-Pacific 2012 Asia's Top 1000 Brands report, the biggest and most influential survey of brands in the region.
Retail sales climbed 3.4% in May, as sunshine boosted sales of food and drink, clothing and footwear, although big-ticket items continued to languish.
The majority of chief marketers admit they are not sufficiently aware of real-time conversations about their brands, according to an international study of more than 1,700 chief marketing officers (CMOs) by IBM.
UK consumers have spent a massive £300bn shopping online in the 11 years the IMRG Capgemini e-Retail Sales Index has been running.
In the last trading days before Christmas, John Lewis has seen an increase in sales of 4.3% compared to last year, despite the ongoing poor weather.
Christmas Day, a day traditionally absolved from the excessive seasonal spending, could see consumers parting with up to £153m, according to analysis from the Interactive Media in Retail Group (IMRG).
Business group CBI has reported brisk trading in the run-up to Christmas, while online retailers are braced for a "mega Monday" of frenzied buying on 6 December.
Retailers are braced for a dire Christmas, with only 14% of shoppers expecting to spend more than last year, in anticipation of a hike in VAT rates in the New Year.
The United Kingdom's advertising spend has recorded a double digit rise of 10.7% in the first half of 2010, according to Nielsen's latest Global AdView Pulse report.