Despite what I wrote on my previous post, I couldn't help having a look at Topshop during my visit to Scotland over the holiday period. The temptation was to hard to resist : in the recession-hit UK economy, you would have difficulties finding an item that was not reduced. In most shops, you get discounts at no less than 50 %. Poor old Woolworths, which is to close for good on January 5th, is even selling its display shelves. (For an update on the UK retail stores troubles, check this article in The Guardian.)
And with a pound sterling dropping in value, Euroland consumers are in for some great deals.
So on December 22nd, I bought boots and a bag at Topshop for 75.70 euros (you have the opportunity to choose your currency there) at a rate of 1.1 euro to the pound, instead of 1.5 euro until recently.
Does that make me a recessionista or what ?Au Royaume-Uni, la récession n'est pas un vain mot. Les magasins massacrent leurs prix jusqu'à -75% et le pauvre Woolworths, condamné à fermer le 5 janvier, vend même ses étagères. Quant à la livre, elle est tombée à parité avec l'euro, contre 1,5 euro jusqu'à récemment.
Bonne année quand même !
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