Golf equipment sales were ABSOLUTELY BOOMING in 2021 despite pandemic
Consumers are spending more than ever on golf equipment despite the threat of lockdowns.
Golf sales absolutely boomed last year with spending on products growing at nearly 10 times the pace of spending growth, a report suggests.
Data from Barclaycard has revealed that the UK's credit card and debit transactions shows consumers spending increased by 5.9 per cent.
That was comparable to 2019 with online shopping getting massive booms, particularly with sporting retailers.
Golf had an exceptional year, which saw spending on clubs rise by more than 50 per cent compared to the last two years.
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Online retail rose by more than 63 per cent overall, with in-store retail shopping rising by just 0.06 per cent.
The Golf Business also reports that few categories saw a bigger spending than growth (online grocery shopping being one).
Golf's growth saw them increase more than home improvement stores.
Jose Carvalho, Barclaycard's head of consumer products, said: "As we look ahead to 2022, the economy will face fresh challenges from rising household bills, inflation, and uncertainty about the new Covid variant.
"Yet, as we've seen over the last two years, consumers and businesses are capable of adapting to and overcoming immense hardship and adversity – the resolve and determination of the British public to succeed is why I’m still optimistic about the year ahead and what it may bring."
