Source : John Lewis in fashion as sales rise
Department store John Lewis has reported an “encouraging” week of trading after it returned to sales growth helped by strong demand for its fashion ranges.
The chain said sales excluding VAT were up 3.2% in the week to last Saturday, with takings at its fashion department up 11.5% as shoppers snapped up premium beauty products, women’s brands and handbags.
The sales growth ends a run of three weeks when the chain’s sales excluding VAT declined on the previous year. Including VAT, revenues were 5.3% higher at £53.5 million.
Competition was tough on the high street, it added, but more unsettled weather had increased footfall at its 32 stores.
Its fashion department also saw strong sales of Menswear Items, with formalwear, accessories and shoes all in growth.
The rise in demand for its fashion ranges had a favourable impact on its online sales, which were up 28% on last year.
Sales of goods through its home department, which have been in decline in recent weeks, also provided some cheer after they rose 3.3%, with gift collections, kitchen utensils and bed linen among the most popular items.
However, electronics revenues were down 0.1% despite buoyant demand for computers and accessories.
Trafford was John Lewis’s best performing store in the week, with sales up 11.6%, while outlets at Cribbs Causeway, Glasgow and Edinburgh also saw strong growth.
The Waitrose supermarket chain, which is also owned by the John Lewis Partnership, said sales rose 6.4% to £101.3 million.
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Source : John Lewis in fashion as sales rise
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