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Saturday, 03 August 2019 01:55

Eurozone fashion sales up two per cent

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Fashion sales in the Eurozone in June 2019 rose 2.9 per cent compared to the same month last year. This is an improvement since it dropped 4.3 per cent in April and 2.4 per cent in May. In general, last year was a dark one for retail sales in the sector in the Eurozone. The only months that showed a rise were April, August and October. The rest of the year marked negative with drops higher than two per cent between May and July.

In the European Union (28 countries), textile commerce, garments and footwear grew 3.3 per cent. Despite starting the year with a drop of 0.6 per cent in January, revenues of retail made a comeback in February and March with rises of 3.6 per cent and 3.4 per cent respectively. However in April and May the numbers dropped 1.7 per cent and 1.9 per cent.

In general, retail in Europe has shown positive results. Both in the Eurozone and in the European Union, total sales rose 2.6 per cent and 2.8 per cent respectively compared to last year. By countries, Croatia and Rumania were the territories with the best performance, with jumps of 7.4 per cent and 5.7 per cent.