Data: Retailers to receive £100m in revenue during England’s first Euro match

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UK retailers are set to experience a boost in sales brought by the Women’s Euro tournament, with consumers projected to spend almost £100m for England’s match against France.

Data from VoucherCodes.co.uk revealed that retailers’ sales would reach up to £271.4m during the group stage of the Women’s Euro tournament. In particular, food and drink sales are expected to surge and go up to £173.4m during that time.

Michael Brandy, senior commercial director of VoucherCodes.co.uk, said: “England’s first match against France will encourage a flurry of retail spending, with excitement and an 8 pm prime-time fixture encouraging consumers to host watch parties and make more food and drink purchases.


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“Retail is set to do particularly well during the early stages of the tournament, with electronics, decorations and merchandise popular as fans kit out their homes ready to host family-friendly gatherings.”

Brits are projected to spend approximately £593.4m at retailers during the tournament, which amounts to 44% of the women’s Euros money.

The Saturday match will drive a number of viewing parties that will create an estimated 5m retail purchases from Brits. Food and drink revenues are expected to reach £49m.

The report revealed that British consumers are also expected to spend £35.7m on sportswear, £35m on electricals, £14m on merch and £13.4m on decorations.

This news comes on the heels of recent figures showing that inflation in the UK went up by 2.7% in June, with warmer weather and climate change squeezing in on British farmers. Additionally, total shop prices went up by 0.4% annually, compared to a 0.1% decline in May.

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Data: Retailers to receive £100m in revenue during England’s first Euro match

retailers

UK retailers are set to experience a boost in sales brought by the Women’s Euro tournament, with consumers projected to spend almost £100m for England’s match against France.

Data from VoucherCodes.co.uk revealed that retailers’ sales would reach up to £271.4m during the group stage of the Women’s Euro tournament. In particular, food and drink sales are expected to surge and go up to £173.4m during that time.

Michael Brandy, senior commercial director of VoucherCodes.co.uk, said: “England’s first match against France will encourage a flurry of retail spending, with excitement and an 8 pm prime-time fixture encouraging consumers to host watch parties and make more food and drink purchases.


Subscribe to Grocery Gazette for free

Sign up here to get the latest grocery and food news each morning


“Retail is set to do particularly well during the early stages of the tournament, with electronics, decorations and merchandise popular as fans kit out their homes ready to host family-friendly gatherings.”

Brits are projected to spend approximately £593.4m at retailers during the tournament, which amounts to 44% of the women’s Euros money.

The Saturday match will drive a number of viewing parties that will create an estimated 5m retail purchases from Brits. Food and drink revenues are expected to reach £49m.

The report revealed that British consumers are also expected to spend £35.7m on sportswear, £35m on electricals, £14m on merch and £13.4m on decorations.

This news comes on the heels of recent figures showing that inflation in the UK went up by 2.7% in June, with warmer weather and climate change squeezing in on British farmers. Additionally, total shop prices went up by 0.4% annually, compared to a 0.1% decline in May.

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