Date:22 June 2012
Diamonds Are a Girl’s Best Friend Over Jubilee Weekend
Jubilee celebrations across the nation boosted retail sales over the bank holiday weekend according to figures from Hitachi Capital Consumer Finance, the UK’s leading provider of point of sale finance solutions. These showed that despite a decrease in DIY activity, consumer lending overall increased by 7.5% in comparison to figures from the previous bank holiday in May.
Gerald Grimes, managing director at Hitachi Capital Consumer Finance, commented: “The jewellery sector in particular saw an increase of 6% in consumer lending over the Jubilee weekend. With the current Euro 2012 games and the upcoming Olympic opportunity, this upward trend is set to continue in other sectors around key events, with the figures showing a ray of hope for UK retailers.”Notes to editor
Founded in 1982 Hitachi Capital Consumer Finance is the leader in providing innovative in store and web-based point of sale finance solutions to the UK retail sector. Hitachi Capital Consumer Finance is part of Hitachi Capital UK (PLC), which in turn is part of Hitachi Ltd, one of the most respected companies trading in the world today. Additional information about Hitachi Capital Consumer Finance is available at: www.hitachicapital.co.uk
Hitachi Capital Consumer Finance has links with over 1,500 retailers across the UK and places great emphasis on the proactive and profitable support it provides to aid clients in retailing their goods and services both in store and online through services such as e-signature and PaybyFinance e-commerce platform which links seamlessly with clients’ websites.