Up to 50% discounts as cost of living crisis hits shopping budgets and mild weather leaves winter styles unsold
UK retailers have launched a barrage of discounts to try to clear stock after a month of falling sales as soaring inflation and bills hit households’ budgets and a warm autumn reduced demand for coats and boots.
On Monday, New Look was offering a 50% discount off all products, Asos up to 80% off almost all lines and Boohoo 30% off everything, with many other fashion retailers – including Marks & Spencer, River Island and Matalan – offering between 20% and 30% cuts.
Up to 50% discounts as cost of living crisis hits shopping budgets and mild weather leaves winter styles unsoldUK retailers have launched a barrage of discounts to try to clear stock after a month of falling sales as soaring inflation and bills hit households’ budgets and a warm autumn reduced demand for coats and boots.On Monday, New Look was offering a 50% discount off all products, Asos up to 80% off almost all lines and Boohoo 30% off everything, with many other fashion retailers – including Marks & Spencer, River Island and Matalan – offering between 20% and 30% cuts. Continue reading…
