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The global fashion business journal

20 Aug 201909:17

Fashion sales in Europe closed June with a 2.9% rise

Fashion retail in the eurozone reinforces its numbers after dropping 2.4% in May according to reports published by statistics agency, Eurostat.

02 Aug 2019 — 16:00
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Fashion sales in Europe close June with a 2.9% rise

 

Fashion sales speeds in the eurozone in June. The revenue of retail in the sector of the 19 countries in the eurozone and rised in June 2.9% compared to the same month last year.

 

This rise breaks the downing tendency that retail had in April and May, with drops of 4.3% and 2.4% respectively, according to Eurostat.

 

In general, last year was a dark one for retail sales in the sector in the eurozone. The only months on the rise were April, August and October. The rest of the result marked negative with drops higher than 2% between May and July.

 

 

 

 

In the European Union (28 countries), textile commerce, garments and footwear grew 3.3%. Despite starting the year with a drop of 0.6% in January, the revenue of retail made a comeback in February and March with rises of 3.6% and 3.4% respectively. However, in April and May number were on the rise again with a drop of 1.7% and 1.9%.

 

In general, retail in Europe has marked positive results. Both in the eurozone and in the European Union, total sales rised 2.6% and 2.8% respectively, compared to the same month last year.

 

By countries, Croatia and Rumania were the territories with the best performance, with rises of 7.4% and 5.7%. On the other hand, Slovakia was the lowest with a drop of 0.4%.

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