GENERAL MERCHANDISE NEWS
Gear4Music reports sales uplift following EU vote
5 July, 2016 | by Retail Bulletin
Online musical instrument retailer Gear4Music has said it its European like-for-like sales rose by 191% in the first full week following the EU referendum vote.
This compares to an increase of 120% in the week preceding the vote. The company said European sales have been supported by favourable exchange rates and responsive pricing.
Gear4Music will give a more detailed trading update at its AGM on 29 July.
