This ad will be closed automatically in X seconds.

UK Celebrates Halloween In £multi-million Style

The UK celebrated Halloween in style last week, giving a much-needed boost to the economy, with various retail reports putting the value of the spooky season anywhere between £491m and £690m.

While it’s too early to know the official figures yet, anecdotal evidence has placed Halloween 2018 as one of the most successful for years, with both retailers and suppliers reporting an unexpected increase in demand leading to many product lines selling out entirely.

In the days leading up to the event, a report from leading data and analytics company GlobalData predicted that Halloween would be a treat for retailers putting the event’s value at around £491m (up 2.1% on last year).

According to GlobalData’s forecasts, Halloween clothing and costumes would make up over a third of Halloween spend and were expected to grow 3.4% on 2017.

“More clothing specialists are recognising the appeal of Halloween in the UK, with retailers creating visual displays highlighting Halloween clothing instore alongside accessories and make-up,” said retail analyst Zoe Mills. “The focus this year is clearly on accessorising costumes, with animal-ear headbands available from a number of stores.”

Meanwhile, VoucherCodes surveyed more than 2,000 people to find out how they were planning on celebrating Halloween, revealing that – by its calculations – the nation will have spent around £690m embracing the spooky spirit this year.

The research found that the average parent would spend at least £42.15 celebrating Halloween with their family this year. Adults were predicted to spend an average of £12.30 on a costume for themselves, £8.15 on sweets and £9.80 on decorations – while those with children generally expected to spend an additional £11.90 on each of their children’s costumes.

 

Top: Halloween was a major success for retailers.

MORE NEWS
Chancellor.
 
A letter, organised by the British Retail Consortium (BRC) this week, highlighted closures, job losses and price increases...
Pure_SF
 
The Pure brand will sit alongside Moda to create Moda x Pure, with the move aiming to strengthen Spring Fair's position as a destination for the fashion sector...
Retail
 
The legislation comes into force on 2 December, with the Association urging independents to engage with their local authorities...
SourceNewsletter
 
The newsletter will deliver the latest insights, trends and innovations from the world of sourcing, sustainability and retail straight to inboxes....
Temple of Incense
 
“Lighting incense comes with added ritualistic appeal for meditation, yoga, or just simply ‘chilling out’”...
Brocante-Gracie
 
To date, Brocante has raised over £4,000 for 18 year old Gracie Mae who has a brain tumour, with co-owners Kieron Cockley and David Lorimer also setting up a Go Fund Me page...
Get the latest news sent to your inbox
Subscribe to our daily newsletter

The list doesn't exist! Make sure you have imported the list on the 'Manage List Forms' page.