In July 2016, the U.K. retail sales rose by 1.4% from June 2016 and by 5.9% when compared with July 2015 (source: U.K. Office for National Statistics). Warm weather boosted summer clothing sales, with a weaker British Pound currency attracting more U.S.A. visitors to snap up watches and jewellery, both of which increased by about 17% year-on-year. Sales rose across all store types, with department stores and clothing gaining the most. The British Pound lost around 10% against the US$ since...
‘Brexit’ vote pulls British into stores.
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