What: Sandersons boutique department stores experience an exceptional Christmas performance.

Why it is important: This success contrasts with the struggles faced by many independent department stores, making Sandersons a standout performer in the sector. The overall positive Christmas performance underscores an ongoing appetite for luxury brands and investment pieces despite evolving retail trends, showcasing Sandersons' adaptability and relevance in the market.

Despite a challenging economic climate, the indie retailer experienced significant growth, with two-month sales soaring from GBP 564,000 in 2016 to almost GBP 7 million in 2023. The Christmas shopping sales saw a 5% year-on-year increase across their physical and online stores. The co-founder, Mark Dransfield, expressed satisfaction with the sales and footfall figures across the group, highlighting growth in internet sales, especially for discounted luxury items. The stores also announced new additions to their product lineup, including pre-loved luxury handbags from brands like Louis Vuitton and Chanel in collaboration with Xupes, as well as the introduction of Weekend Max Mara, Marella, Hackett, and Boss.

Sandersons sees record Christmas performance