Highlights
UK Retail: fashion retail grows, but caution persists
Sales in the UK’s textile, clothing, and footwear (TCF) sector recovered in 2025, exceeding total retail figures despite periods of volatility. However, this recovery was driven more by increased transaction volumes than by higher consumer spending, with expenditure on footwear remaining largely unchanged and prices declining amid persistent discounts. At the same time, volatile yet growing online sales and increasingly responsive import patterns suggest that the sector is trying to adapt quickly to uncertain demand
Premium ContentH&M reports higher profitability despite slight sales decline in the first quarter
The fashion group reported improved margins and a rise in operating profit in the first quarter of 2026, despite a slight decline in sales due to currency headwinds and store optimisation measures




































