Consumer spending fell again last month in the UK, according to the latest Visa UK Consumer Spending Index, compiled by IHS Markit, with clothing & footwear one of the categories suffering the fastest spending drop.
Four weeks of anti-government protests that have hit French brick-and-mortar retailers are also taking their toll on online peers during the crucial Christmas shopping season, said France's e-commerce federation, Fevad.
Another day, another profit warning. This time it was budget fashion retailer Bonmarché Holdings serving up bad news with the firm saying its Black Friday trading figures were “extremely poor, particularly in stores”.
The Christmas shopping season doesn't seem to be getting any better for John Lewis. After a strong Black Friday, it seems to have slipped back with a series of weekly reports in which sales have been sluggish at best.