Fortune for fashion

UK women spend £96,720 on clothes, shoes and accessories during their lifetimes, research shows. From the age of 14, they splash out an average of £124 per month. And, despite most estimating that their wardrobe cost £1,500, they admit to only wearing half the clothes in it.

About 40 per cent of women will shop even when strapped for cash, and almost half of those resort to credit cards or overdrafts to fund their habit, a study found. Most women shop for clothes once a week, with tops and shoes their main weaknesses. But shopaholics often have a guilty conscience – 25 per cent say they have to conceal new purchases from their partners or even lie about the coast.

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