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Credit Crunch isn't getting between the sheets

10th October 2008 Print
It seems lingerie is resilient to any economic downturn as Brits continue to buy underwear despite the credit crunch. Sales went up by two per cent in the last three months, according to the UK's leading cash back shopping network froggybank.co.uk. It analysed the spending habits of its half a million members between July and September 2008.

As well as an increase in lingerie sales, it saw an increase in general sales of clothing and fashion accessories of 10 per cent.

froggybank.co.uk's marketing manager Nadeem Azam said: "It seems we are opting for cosy nights just with our partners, leaving no room for a threesome with the credit crunch."

He added: "We found the statistics surprising but the figures prove internet shopping still offers good value no matter what's happening to the economy."

Consumers log on to the site before making online purchases, to earn cash back on everything they spend.

The network consists of 180 websites led by froggybank.co.uk, the UK's first and only green 100% cash back site.

It's estimated there are more than 20 million online shoppers in the UK who are yet to discover cash back and get back up to 100% of the middleman's fee on all their online shopping.

Shoppers log onto a cash back site before making online purchases from major retailers as normal.

The referral fee paid by the retailer to the cash back site is returned to the shopper.

To help consumers even more, froggybank.co.uk recently released 101 tips to beat the credit crunch. You can see them at:

froggybank.co.uk/news/101-tips-to-survive-the-credit-crunch/.

froggybank.co.uk has committed to work with PURE the Clean Planet Trust, to offset one million tons of carbon by 2012. That's equivalent to the annual emissions of 180,000 average UK homes.

100% of the cash back paid by retailers can be turned into charitable donations that will support PURE. Shoppers can alternatively give the money to another charity, or keep some or all of it for themselves.