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The global fashion business journal

Nov 7, 20241:17pm

Retail trade in Europe speeds up: 2.5% rise in September

Fashion retail in the eurozone climbs even more after 0.2% rise in August, according to the latest data published by the European statistical agency Eurostat.

Nov 6, 2019 — 6:32pm
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Retail trade in Europe speeds up: 2.5% rise in September

 

 

Fashion sales in Europe on the rise. Fashion retail in the nineteen countries of the eurozone rose 2.5% in September compared to the same month of the previous year. The growth occurs after increasing only 0.2% in August, according to the latest data published by the European statistical agency Eurostat.

 

The sector started 2019 with a 0.3% drop in January to grow 2% in February and advance 2.2% in March. In April, fashion sales in the region fell 4.8%, while in May it moderated its fall with a decrease of 2.4%. In June, the sector advanced 4.7% to increase 0.1% in July.

 

In the European Union, the textile, clothing and footwear trade also advanced in the ninth month of the year, with a growth of 2.8% compared to the 1.1% increase in August. On the whole of retail in Europe, on the other hand, retail sales have registered an increase of 3.1%, up a march compared to August, when it advanced 2.7%. In the European Union as a whole, retail sales advanced 3.2%. By countries, only in Slovakia and Latvia recorded a negative evolution of retail trade revenues, with falls of 2.7% and 0.4 %%. The biggest increase was Romania, with a 7% increase.

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