Unprecedented discounts stabilized demand
31.07.2015 3343

Unprecedented discounts stabilized demand

Sales of shoes, apparel, and electronics doubled due to declining purchasing power. To stabilize the situation, retailers resort to unprecedented discounts.

“Retailers saw that there were no sales - they began to move, arrange discounts, and special offers. As a result, in April-May, the average bill for shoes, clothes and household appliances was higher than the average bill for the same goods in April-May last year, not by 60%, but only by 10-15%. As a result, for some positions, the drop in demand has completely stopped, for others it continues, but not on such a scale, ”said Igor Berezin, president of the Marketing Guild.

According to the co-chairman of Roskontrol Alexander Borisov, about 80% of discounts are pure deception. So, Roskontrol revealed cases when goods were sold at discount prices in stores than before the sale began.

Sales of shoes, apparel, and electronics doubled due to declining purchasing power.
5
1
Rating

Latest News

Kim Jones No Longer Fendi Creative Director

British designer Kim Jones is leaving Fendi, but he will remain at LVMH as he continues to serve as creative director of the men's line…
14.10.2024 157

Lamoda: demand for sportswear and footwear increased by 3% in Q45

According to Russian retailer Lamoda, demand for sportswear, footwear and accessories increased by 45% in July-September compared to the same period last year. The top 5 most popular sports items included sneakers, trainers, T-shirts,…
11.10.2024 293

Coccinelle Spring-Summer'25 Collection Presented in Moscow

Yesterday in Moscow BNS Group held a presentation of its brands' collections. Among them is the Italian luxury brand Coccinelle. Shoes Report wrote about its spring-summer'25 collection quite…
11.10.2024 390

Adidas Goes Premium With Samba Sneakers

The German sports brand has launched a new model of Samba sneakers, made in Italy. The sneakers are made entirely of leather, including the lining. The premium Vachetta Tan pair costs $350, while the standard Samba models…
10.10.2024 358

Puma Releases Collaboration With New York Rapper A$AP Rocky

This fall, the Puma brand is presenting a new, highly conceptual collaboration with American rap artist A$AP Rocky. The joint collection includes sneakers with a design inspired by…
10.10.2024 519
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning