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Business

Sainsbury’s clothing sales grow in H1 driven by summer uptick

Supermarket giant Sainsbury’s has welcomed modest growth for its clothing brand Tu, despite general merchandise and clothing sales declining 1.5 percent in the first half of the current financial year. In the 28 weeks ended 14 September 2024, the retailer’s Tu Clothing range welcomed a 1.3 percent increase in sales, benefitting from a stronger...

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BusinessFeatured

Sainsbury’s Q1 clothing sales ‘in line with expectations’

Tu Clothing owner Sainsbury’s said Tuesday its general merchandising and clothing sales in the first quarter ended June 25 were “in line with expectations” against a strong comparative last year. Clothing sales were down 26 percent in the first five weeks of the period, but down just 2 percent in the final 11 weeks. Sainsbury’s enjoyed a...

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