Fashion sales fell by more than 3 per cent despite heavy discounting DOMINIC LIPINSKI/PAHigh street sales failed to rise for the seventh consecutive month as fashion retailers showed no sign of stopping their alarming slump. Like-for-like sales for all retailers last month were down 1.5 per cent on a year earlier despite rising consumer confidence and spending power, according to data from BDO. The figures were especially stark given that August last year was one of the worst months on the high street since November 2008. Much of the blame appeared to lie with the fashion sector, where sales fell by 3.3 per cent despite heavy discounting and a weak trading performance in…

Source: The Times September 08, 2016 23:15 UTC