
Interior Supply, a leading supplier of contemporary décor,
have shared their thoughts on figures released by the BRC-KPMG Retail Sales
Monitor showing that furniture sales in the UK enjoyed significant growth in
October.
Furniture once again topped retail sale growth in October,
with beds and sofas recognised as the best performing items. According to the
Office for National Statistics (ONS), furniture was one of the biggest drivers
of sales in October, contributing significantly to a 10.8% rise on a like for
like basis when comparing October of this year with last.
The ONS also suspect that furniture purchases were helped by
mortgage approvals and house purchases, both of which were high earlier in the
year.
Chief UK economist at HIS Global INsight said: “The
improvement in retail sales was widespread in October. Sales of household goods
were particularly strong, especially furniture, which have obviously been
helped by the overall pick-up in housing market activity.”
Director general at the British Retail Consortium, Helen
Dickinson, said: “The good news is that overall retail sales continued to grow
although not as fast as this time last year. Retailers have thought creatively
about marketing solutions to incentivise sales of winter merchandise during the
warmer weather. For example, the use of analytics has enabled loyal customers
to be offered targeted flash reductions with sale items being made available
both in store and online.
“Consumers are still prioritising household items such as
furniture over fashion, with furniture outperforming all other categories for a
second month in a row. There are positive signs that homeware items
traditionally popular for gifting are selling increasingly well in the build-up
to the festive period.”
Interior Supply, a London-based supplier of contemporary
furniture from brands such as Cassina, Fendi Casa and Montbel, often share
their thoughts on news related to their industry.
A representative for Interior Supply said: “It’s not just
high street furniture that’s been in high demand. As a seller of premium décor
from some of the biggest names in the world of contemporary interior furniture,
we’ve had a strong last few months, providing a number of beautiful pieces to
commercial and non-commercial customers. In particular, chairs and sofas have
been in high demand.
“We stock décor pieces from the industry’s biggest and best,
including Contardi, Dom Edizioni, Fendi Casa, Giorgetti and Lema. If you’re
shopping for furniture this Christmas then our portfolio of products is a great
place to start.”
Interior Supply has over 20 years of experience and is
London’s top provider of European-manufactured contemporary furniture. Visit
their site at www.interiorsupply.co.uk
for more info.