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17-01-2012
Clothing sales driven by Christmas promotions
The UK's biggest clothing retailer, Marks & Spencer, has admitted that heavy discounting in the run-up to Christmas has eaten into profit margins - and that it is now eyeing extra cost savings to try to make up the shortfall.M&S's like-for-like clothing sales rose 1.1% in the three months to 31 December, with its overall performance lifted 2.4% thanks to a stronger than expected performance in its food business. But the retailer insisted it was not discounting in a "distressed" fashion, and that the move had been a tactical one.
Indeed, earlier and deeper promotions were endemic among UK retailers over the festive period according to new figures released last week - helping to lift like-for-like sales values by 2.2% over the previous year. The British Retail Consortium (BRC) also noted that shop prices grew at their slowest pace for 16 months during December.The victor in the supermarket price war was Sainsbury's, the UK's number three player, which hailed a "record breaking" Christmas period. Its general merchandise and clothing sales outpaced its food business, lifting sales by 2.1% on a like-for-like basis.
But shares in market leader Tesco plunged after it admitted to being outpaced by its rivals and warned that UK profits could fall in the coming year. Its UK like-for-like sales were down 1.3% in the six weeks to 7 January.In other news, purchases by the Chinese government are absorbing a large portion of the 2011/12 global cotton crop, with efforts to rebuild the national reserve likely to lead to a recovery in world stocks. The inter-governmental group the International Cotton Advisory Committee (ICAC), and the US Department of Agriculture (USDA) both believe global cotton stocks could rebound after two seasons of relatively tight reserves.
These straps are sturdy poly web which are designed with vinyl coated clips. Safety is a very distinguishing element when it comes to packaging essential requirements and go for kayaking. It generally enables essential survival equipments. If a person is going sea fishing than appropriate accessories are highly required to ensure a safer experience. Weather is certainly very hard to predict and it can induce possibilities for any kind of threats thereby, appropriate kayak accessories should be used to enable safety at its best.
Kayak accessories are all enabled with personal floating device and they are very comfortable and flexible because they have storage pockets. Safety is an important consideration whether it is near bottom of your boat or in your garage. These accessories generally consist of map and compass. You should always have both the essentials along with you because ether is no point carrying just one essential requirement. Map should certainly be watertight wallet. Watertight cases are also necessary essentials which you can rely upon to carry your cell phones if it is certainly required as per need and specifications.
Kayak pad generally offer cushion and pads which can be highly supportive and comfortable. They generally erase hours of discomfort by providing materialistic comfort and pad enabled mechanism. They come in various sizes because they are designed in such manner which can compliment band which provides cushioning effect. It is certainly a great alternative if you are using it for additional activities such as going for an outing or an excursion trip. To offer additional support; there are kayak seats. All these products offer classic cushioning which ensures medically proven pressure relieving technology products.
