CHRIS GILMOUR: Clothing, footwear and textiles drive strong November retail sales

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South Africa Headlines News

Big bounce is to be expected due to extension of Black Friday weekend into the whole month

SA’s retail sales for November were strong. In real terms, retail sales grew 3.3% year on year in November, with most growth coming from a buoyant clothing, footwear, textiles & leather component.

As many retailers extended the “Black Friday” weekend into the whole of November, it is perhaps not surprising that a bounce of this magnitude was observed...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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