UK consumer confidence has dropped again with a one point fall in the Consumer Confidence Index to -10, a sign of the increasingly chilly economic environment that’s helping to keep fashion sales muted at present.
With UK retail in its current fragile state, every results announcement is being jumped on for signs of a recovery, which made N Brown’s interim figures of particular interest. And is a recovery on the cards? Not yet.
Ted Baker continues to power ahead in e-tail but the hot summer hurt its retail stores and the company admitted the environment is still challenging, although it remains one of the top performers in the fashion sector.
It's always well worthwhile to attend a Miu Miu show on the final day of Paris Fashion Week, where Miuccia Prada's intense vision provides a striking counterpoint to all the corporate French brands on the calendar.