Despite poor performance on the high street this Summer, 86% of UK retailers are either optimistic about or undaunted by Christmas trading prospects this year, and 85% see strong or steady company growth levels in 2013.
The survey of 845 independent, multiple and online retailers from across the UK rejects recent retail pessimism. While British Retail Consortium figures confirmed that the Olympics did not deliver the predicted spending spree, and recent CBI findings found consumer confidence remains volatile, this has not impacted retailers’ attitudes towards the future.
Louise Young, divisional director of Autumn Fair International 2012, said: “It is encouraging to see that despite a climate of negativity, retailers are defying the status quo. We can definitely see this positive attitude feeding through to retailers’ buying patterns at this year’s Autumn Fair. Suppliers are offering what is wanted with a greater emphasis on innovation, and retailers are buying closer to the season so they can respond faster to customer demand. Buyers are clearly making every effort to make the best possible buying decisions and differentiate their offer.”
Michael Eddershaws, owner of Eddershaws, said: “I’m here to find something exclusive and get ahead of the others. I’ve covered every hall and found some exciting products from new, smaller companies – perfect for me as I want something different to give me an edge.”