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The global fashion business journal

Jan 29, 202010:20am

Fashion retail sales in Europe increase by 0.3% in November

In the twenty-eight countries of the European Union, on the other hand, fashion sales dropped, 0.5% year-on-year.

Jan 8, 2020 — 5:18pm
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Fashion retail sales in Europe increase by 0.3% in November

 

 

Fashion sales in the eurozone gain strength, but moderate. Apparel and footwear in the region increased 0.3% year-on-year in November, compared to the 0.1% rise in the previous month.

 

The sector started 2019 down, with a year-on-year fall of 0.3%. In February and March, fashion sales rose 2% and 2.2%, respectively, to fall again in April, 4.8%. In May, fashion sales in the euro zone dropped again, with a decrease of 2.4% to pick up 4.6% in June. In July and August, the sector moderated its growth, with increases of 0.2% and started September with a 3.1% rise.  

 

 

 

 

On the other hand, sales of the sector in the twenty-eight countries of the European Union were negative, with a year-on-year fall of 0.5% in November, according to the latest available of Eurostat.

 

Retail trade, on the other hand, rose in the Eurozone, ending November with a year-on-year increase of 2.2%. In the European Union retail trade grew by 1.9%. Retail sales also increased in the main drivers of the region, with an increase of 3.2% in Germany, 3% in Spain and 2.6% in France. Hungary and Romania were the countries where retail trade increased the most, with increases of 7.3% and 6.5%, respectively. 

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