×
194
Fashion Jobs
AVANTOR
Area Sales Manager || Patna/Ranchi
Permanent · Ranchi
BDO INDIA LLP
Cnc Manager Production Manager Minimum 14 Yrs to 18 Yrs
Permanent · Chennai
KENT RO SYSTEMS
Corporate Sales Manager
Permanent · Chennai
AS
Opening For Production Manager in Leading Sweets Mfg Company
Permanent · Thane
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager - Ahmedabad
Permanent · Ahmedabad
SRL DIAGNOSTICS
Territory Development Manager
Permanent · Prayagraj
NATURELAND ORGANIC FOODS PRIVATE LIMITED
Area Sales Manager (Maharashtra)
Permanent · Mumbai
NATURELAND ORGANIC FOODS PRIVATE LIMITED
Area Sales Manager (Madhya Pradesh)
Permanent · Indore
GRAND CHEMICAL WORKS
Area Sales Manager- Jaipur & Lucknow
Permanent · Lucknow
KISHOR EXPORTS
Qam - Quality Assurance Manager For Garment Exports Company
Permanent · Ranchi
FRAME TECHNOLOGY MARKETING SERVICES PVT. LTD.
am/rm/Manager- Sales (Supply Chain Finance)-Loan Frame- Pan India
Permanent · Ahmedabad
MARC LABORATORIES LTD.
Field Sales Officer/Area Business Manager / Regional Business Manager
Permanent · Varanasi
JAYPEE BROTHERS MEDICAL PUBLISHERS PVT LTD.
Area Sales Manager
Permanent · Prayagraj
RUDRAKSHA CERAMICS PRIVATE LIMITED
Area Sales Manager
Permanent · Pune
PROPERTYXPO.COM
Area Sales Manager| Real Estate Portfolio Management | Gurgaon
Permanent · Gurugram
SAHIBANDHU FINTECH SERVICES LIMITED
Area Sales Manager - Sahibandhu
Permanent · New Delhi
HDB FINANCIAL SERVICES
Sales Manager - Alternate Channel
Permanent · Salem
SOSYO HAJOORI BEVERAGES PRIVATE LIMITED
Production / Plant Manager
Permanent · Ahmedabad
JIO
Territory Sales Manager - Warangal & Hannumakonda
Permanent · Hanamkonda
BASIC ENTERPRISES PVT LTD
Loan Consultant/ Area Sales Manager 4l Salary
Permanent · Gurugram
WHITEHAT JR
Sales Manager(Inside Sales_day Shift) Mumbai or Gurgaon _onsite
Permanent · Gurugram
VOLVO WHITE PAINTS INDUSTRIES
Hiring For Sales Officer/Area Sales Manager/ (Haryana)
Permanent · Sonipat
By
Reuters
Published
Aug 6, 2010
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

John Lewis sales growth slows

By
Reuters
Published
Aug 6, 2010

LONDON, Aug 6 (Reuters) - British retailer John Lewis [JLP.UL] said sales growth slowed last week, fuelling concerns consumers, worried by prospective tax rises and employment uncertainty, are becoming more wary in their spending.

John Lewis
Photo : Corbis


The employee-owned firm, traditionally seen as a bellwether of the UK retail sector, but which has outperformed competitors for over a year, said sales at its 28 department stores and one "at home" store increased 5.3 percent to 52.7 million pounds ($83.8 million) in the week to July 31.

The outcome followed rises of 8.2 percent and 9.8 percent in the previous two weeks respectively.

It took John Lewis' sales growth for the 26 weeks to July 31 to 14.9 percent, with the retailer winning market share from rivals.

"Looking ahead, our first-half year's form should give us great confidence for the all-important second half. But we should be realistic in our expectations as we come up against stronger figures from last year. I suspect we won't finish with another 15 per cent advance," said managing director Andy Street.

On Wednesday two of Britain's biggest retailers, fashion chain Next (NXT.L) and floor coverings retailer Carpetright (CATVU.L) reported a cooling in consumer demand, raising fears that higher taxes and public spending cuts aimed at reining in record government borrowing could derail the economic recovery.

"The (John Lewis) data do suggest that consumers are becoming more cautious in their spending," said Howard Archer, chief economist IHS Global Insight.

"The substantial fiscal squeeze will increasingly hit public sector jobs and consumers' pockets, while households already face high unemployment, muted earnings growth, elevated debt levels and high fuel prices."

John Lewis also owns the 231-store Waitrose supermarket chain, where week to July 31 sales rose 9.3 percent to 90.4 million pounds, underlining its status as one of the UK's fastest growing grocers.

(Reporting by James Davey, editing by Mark Potter)

© Thomson Reuters 2022 All rights reserved.