article thumbnail

UK Consumer Spending Slows in December, Yet Entertainment and Travel Sectors Thrive

365 Retail

However, the entertainment and travel sectors saw a surge as consumers eagerly booked experiences and getaways for 2024. Festive Cheer in Hospitality and Leisure The hospitality and leisure sector, particularly pubs, bars, and clubs, benefited from Christmas celebrations, witnessing a 7.9% compared to 3.3% in the previous month.

Travel 104
article thumbnail

Why UK Retailers Should Save Some of Their Christmas Marketing Spend for Chinese New Year

Retail TouchPoints

In 2024 it will fall on Saturday February 10 – and kick off the Year of the Dragon. Each year is associated with a specific animal from the Chinese zodiac, and 2024 marks the Year of the Dragon—a particularly auspicious and celebrated year. As a result, shopping during this period is not merely a leisure activity but a cultural norm.