Mintel expects a "respectable" sales increase for UK stores in December, despite the ongoing shopping shift to Black Friday. And while electricals will be a big focus, fashion and beauty are also key for festive spend.
Britain’s Hut Group has grown remarkably fast over the past decade, and it hopes the launch of two new debt facilities will give it the further boost it needs to become the global leader in online beauty.
Analysts are predicting the Black Friday period to see spending anywhere from £4.3bn up to £8.7bn this year and while fashion & beauty will be a key sector, beauty will be the biggest winner in this mega-category.
UK consumers are split on the virtues of Black Friday but will still spend more this year. And while electricals remains the key category, clothing is a big spending area both for Britons and in Europe.
The UK's Office for National Statistics said October sales volumes and value fell by 0.1% month-on-month. But department stores reported growth while year-on-year sales rose 3.1% by volume and 3.3% by value.