According to a study by the ad service Yula and the analytical agency A2:Research, 59% of Russian consumers reduced spending on clothes and shoes in the second half of 2022, writes RBC.
About 44% of respondents have reduced their spending on clothing and footwear by 20-30%, about 15% have reduced spending in this category by 30-40%, and another 15% of respondents said they have reduced spending by 10-20%.
Almost half of consumers switched to cheaper things. 51% of respondents began to buy clothes and shoes less frequently. Every tenth refused to purchase clothing and footwear in the high-price segment.
At the same time, 45% of respondents are convinced that it is impossible to save on some wardrobe items. About 24% believe that shoes are included in the category of such wardrobe items.
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