Like 4 Like Club reports strong week for non-fashion specialists
BDO Stoy Hayward's Like 4 Like Club has reported a very strong performance by non-fashion retailers in the week to December 28.
The club, which comprises mid-cap specialist retailers in the non-food market, reported a massive 51.7 per cent like-for-like increase among its non-fashion members, although this was helped by additional pre-Christmas shopping days falling in the week this year. Gifts, accessories and confectionary performed particularly well.
Even homewares like-for-likes increased, although only by a much smaller 0.4 per cent and with the help of deep discounting.
Fashion members of the club reported a 3 per cent fall, although an improvement on recent weeks. Premium brands, lingerie and footwear did well, but mid-market brands struggled.
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