Barclaycard news and archive

July heatwave boosts sales of fashion and beauty

Record high temperatures in the UK in July led to an increase of sales in summer fashion and beauty products, new data shows. Overall consumer card spending grew 7.7 percent in July compared to the same period in 2021, and 1.6 percent compared to June 2022, according to new data from Barclays. Shoppers were spending more on fashion, beauty, and...

Retail

Barclaycard reports drop in Black Friday spending compared to last year

Barclaycard Payments has reported a 13.6 percent decrease in the volume of payments as of 12:00 on Black Friday, compared to the same day in 2019. There has been a decrease in the overall transaction value of 7.3 percent compared to 2019 and a 30.5 percent increase in e-commerce transactions compared to last year, according to Barclaycard...

Retail

UK clothing spend up 4.2 percent in September

Barclaycard has shared new data that reveals consumer spending in September has risen since August, with clothing seeing a “significant” increase of 4.2 percent. This growth could be due to consumers investing in their winter wardrobe and parents preparing their children for the return of school, the report suggests. August’s clothing figure of...