Retail turnover will be 0,6% in 2015 year
27.08.2014 3593

Retail turnover will be 0,6% in 2015 year

The growth in retail trade next year will be more than three times lower than the Ministry of Economy predicted earlier: 0,6% instead of 2,1%, he believes. The retailers themselves are still more optimistic. "Higher inflation than previously expected is sufficiently cooling the growth of real incomes of the population, the growth of real wages. We revise down our estimate

consumer demand and expect that retail trade turnover in 2015 will grow by only 0,6%, although an increase of 2,1% was expected in May, "Oleg Zasov, director of the consolidated macroeconomic forecasting department of the Ministry of Economy, said yesterday. unchanged - the ministry expects retail trade to grow by 1,9%.

At the end of 2013, even grocery retailers expected a slowdown in growth, recalls Andrey Karpov, Executive Director of the Association of Retail Companies (AKORT). "But early 2014 did not confirm the worst fears," he notes. Natalya Kolupaeva, senior analyst at Raiffeisenbank, notes that the new version of the forecast is likely to reflect the weakening of consumer buying activity, for example, as a result of the possible introduction of a sales tax.

The growth of retail trade turnover next year will be more than three times lower than the Ministry of Economy predicted earlier: 0,6% instead of 2,1%, ...

Latest News

Adidas and Prada launch a collaborative collection of football boots

German sports giant adidas and the Italian luxury fashion house have unveiled the adidas Football for Prada collection, the world's first fashion collection of football boots. Shoe design incorporates the unique features of both brands,…
09.06.2023 139

Flo Retailing and Daher Group are bidders to buy the Russian business of Adidas

The negotiations of the Turkish holding Flo Retailing and the Middle East Daher Group with the German Adidas AG on the sale of the Russian retail chain adidas became known from real estate consultants, write…
09.06.2023 213

On June 10, an exhibition of light industry manufacturers of the Republic of Dagestan will be held in Makhachkala

Already this Saturday, June 10, the Ministry of Industry and Trade of the Republic of Dagestan is holding an exhibition-fair of light industry goods in Makhachkala with the participation of local manufacturers, timed to coincide with the Day of Light and Textile Workers…
08.06.2023 338

Vans closes branded retail and moves to wholesale sales in Russia

The American VF Corporation, which owns the brands Vans, The North Face, Timberland and others, has decided to close Vans branded retail in Russia. However, the brand will not leave the market, the company will continue to develop the wholesale…
08.06.2023 290

In Pushkin, they are preparing to hold an art project with a defile of fashion designers "Association-2023"

On June 25 in Pushkin, the Tsarskoye Selo Museum-Reserve will host the main fashion event of the St. Petersburg summer - the art project "Associations-2023". Theatrical fashion shows of the leading fashion designers of St. Petersburg will be presented in a unique…
08.06.2023 278
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning