Fashion sales up at John Lewis during holiday period

Fashion

Fashion sales up at John Lewis during holiday period

John Lewis department stores publishes a trading update for the five weeks to 3 January 2009. Excluding VAT, total sales were 2.4 per cent up and like-for-like sales were flat. Over the same period, Fashion sales, including beauty, were 4 per cent up. Home was 6 per cent down whilst Electricals and Home Technology increased by 10 per cent. Andy Street, Managing Director of John Lewis, said: `I am really encouraged by this performance over the key Christmas and early Clearance period. It is especially pleasing that our Home assortment has begun to see stronger trade in the last week. We have broken a number of records during these five weeks including two record weeks online, two record weeks in Electricals and Home Technology, our biggest ever day on 27 December for the start of Clearance in our shops and the busiest ever hour online on Christmas Eve as Clearance began on the website.` `Whilst we expect the next few months to be extremely tough, we are confident that our continuing focus on inspiring products, great value and differentiated service leaves John Lewis well positioned to meet customer needs in this challenging time.` The John Lewis Partnership is a visionary and successful way of doing business, boldly putting the happiness of Partners at the centre of everything it does. It`s the embodiment of an ideal, the outcome of nearly a century of endeavour to create a different sort of company, owned by Partners dedicated to serving customers with flair and fairness.

John Lewis

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