After a turbulent 2022, many retailers will be anxious about what 2023 will have in store. However, despite low expectations, Christmas trading updates from retailers in January were relatively upbeat, once again showing the significance of the festive period for Brits. As we are now emerging from the post-Christmas ‘returns season’, the economic situation remains front of mind, and brands will be doing all they can to manage their outgoings and protect their margins for the months ahead.