A strong holiday sales season in 2018 leaves fashion retailers with a reason to celebrate

by Shraddha Gupta

24-January-2019  |  7 mins read

A political deadlock in Washington and the slowing global growth in 2018 had been leading to a rising sentiment of retail uncertainty and a volatile market to capture. But strong sales numbers for the recently concluded holiday season in the US has left retailers celebrating, with boosted shares to report. According to a Mastercard report, sales during the holiday shopping season rose by 5.1 per cent, to over US $ 850 billion in 2018, the strongest in the past six years.

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