{"id":163356,"date":"2020-11-11T11:42:47","date_gmt":"2020-11-11T11:42:47","guid":{"rendered":"https:\/\/www.theindustry.fashion\/brits-set-to-spend-1-44m-on-singles-day-shopping\/"},"modified":"2021-08-06T12:09:00","modified_gmt":"2021-08-06T12:09:00","slug":"brits-set-to-spend-1-44m-on-singles-day-shopping","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/brits-set-to-spend-1-44m-on-singles-day-shopping\/","title":{"rendered":"Brits set to spend \u00a31.44bn on Singles' Day shopping"},"content":{"rendered":"
The UK is forecast to set a new spending record of \u00a31.437bn this Singles\u2019 Day, up 11.8% on 2019<\/strong> despite a national lockdown, according to a new report.<\/p>\n The UK\u2019s awareness of Singles\u2019 Day continues to grow, with 19.7% of the population familiar with the discounting event - 19% more than last year<\/p>\n Originating in China in the 1990\u2019s, Singles\u2019 Day is celebrated annually on 11th November, and was initially created as an occasion for single people<\/strong> to buy themselves gifts.<\/p>\n In recent years, Singles\u2019 Day has become an increasingly global event, with Chinese corporation Alibaba marketing it as a mass discounting event. In 2019, Alibaba sold $38.4bn\u2019s worth of goods on Singles\u2019 Day alone.<\/p>\n The Shopping for Christmas 2020 report, commissioned by VoucherCodes.co.uk, reveals that online sales are set to make up 92.8% of total UK sales this Singles\u2019 Day (\u00a31.33bn)<\/strong>, as consumers take advantage of online offers during lockdown.<\/p>\n Retailers predicted to take part in Singles\u2019 Day by offering online promotions include ASOS<\/a>, Boohoo<\/a>, Oasis<\/a>, Warehouse<\/a>, Pretty Little Thing<\/a>, Nasty Gal<\/a>, Karen Millen<\/a>, Look Fantastic, Deliveroo and Superdrug.<\/p>\n Anita Naik, Lifestyle Editor at\u00a0VoucherCodes.co.uk, said: \u201cWith the success of Black Friday and the post-Christmas Sales, it\u2019s unsurprising to see that Single\u2019s Day is starting to gain traction with consumers here in the UK - us Brits love a discount!<\/strong><\/p>\n \u201cSingles\u2019 Day is a great opportunity to get a head start on Christmas shopping, as some retailers may be offering similar online discounts to those you can expect on Black Friday.\u201d<\/p>\n