Buying the latest trainers or undertaking a major wardrobe refresh remains a favourite pastime for UK consumers. But just how much are Britons spending on fashion?
Collectively, UK consumers spend over £162 billion on clothing each year and, individually, the average spend is £250 a month on clothes, totalling £3,000 annually, according to a new survey of 2,000 UK adults by credit specialist Aqua.
The study also reveals 25-34-year-olds are the biggest spenders on fashion (£524 a month), followed by 35-44-year-olds (£322 a month).
Unsurprisingly, women spend £459 a month on clothes compared to £150 for men. Meanwhile, Londoners spend the most on fashion compared to other UK cities, averaging £555 a month.
Also, 35% of Britons have bought fashion items in the past 12 months.
Source: Fashion network
Stay tuned for the latest news on our radio stations
