John Lewis sales up 7.5% last week
John Lewis started the second half of its financial year with sales up 7.5% year-on-year last week as the new season¬ís stock drove performance.
Fashion sales increased by 11.9% helped by buoyant sales of new autumn womenswear ranges and premium beauty brands. Men's formal wear, jewellery and fashion accessories also posted good year-on-year growth.
In electricals and home technology, sales rose by 4.5% driven by a strong performance from audio and gaming where sales were up by over 40%. Large and small electricals continued their good run led by refrigeration and fan products as customers strove to keep cool in the hot weather.
In the home directorate, where sales climbed by 6.5%, the strongest start to the half year came in furniture where the retailer’s 'Any Shape, Any Fabric' proposition in upholstery continued to drive demand. Beds also performed well with sales rising by 25%.
In the shops, High Wycombe topped the performance table with sales growth of 25.7%, followed by the Tunbridge Wells and Newbury stores. Online sales rose by 18.3%.
Christine Kasoulis, buying director for home at John Lewis, said: “We started the second half with a 7.5% growth on the year. Sales of new season product across all categories are driving this performance which is very encouraging for the weeks to come.
“Overall it was a positive story for the first week of the half. The combination of new season products and Partners who 'Love to Sell' gives great confidence for trading over the coming weeks and beyond.”
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