UK fashion prices have fallen further since EU exit day

A report from showed that British brands have dropped their prices by 12% since January 31 (the day the country left the EU), while European brands have increased theirs by 9%.The BRC-Nielsen Shop Price Index also showed that February shop prices have fallen with non-food prices dropping at their highest rate since May 2018.

Non-food prices dropped 1.9% year-on-year, a bigger fall than the 1.5% of traditional clearance month January and worse than the 12-month 1.2% decline. The Lovethesales report, based on analysis of a million branded apparel items selling at full price and markdown, also showed that the trend for prices to fall is the opposite of what usually happens in Februaryคำพูดจาก