Rieker
Retail pace continues to break records
30.12.2015 5894

Retail pace continues to break records

Acceleration of inflation, the level of which will amount to 2015% in 13, will cause a new decline in retail sales, analysts at the Center for Development Institute of the Higher School of Economics believe. The reason for the recession will be a cumulative increase in prices for goods with a simultaneous drop in household incomes.

The HSE study also includes a general description of industrial production in Russia in the current year. According to data from May to October 2015 (excluding seasonal fluctuations), textile and clothing production this year decreased by 9,6%, while the production of leather, leather goods and footwear - by 10,9%. The state of both spheres is assessed as “a strong fall”.

At the same time, according to Rosstat, a decrease in retail sales in the Russian Federation continues to break records. In November, the rate of decline reached 13,1%, against 11,7% in October and 10,4% in September. Over the 11 months of this year, retail sales decreased by 9,3% (compared with the same period of the previous year) and reached 24 trillion 710,7 billion rubles. A recent study by Romir confirms forecasts of a decline in purchasing power of citizens - about 41% of Russians decided to save on New Year's gifts on holidays.

The acceleration of inflation, the level of which in 2015 will amount to 13%, will cause a new decline in retail sales, analysts from the Center for Development Institute of the Higher School of Economics believe. The decline will be caused by the cumulative ...
5
1
Rating

Latest News

BRICS + Fashion Summit takes place in Moscow

The international forum BRICS + Fashion Summit is taking place these days in Moscow. As part of the forum, from December 28 to 2, a b2b showroom is operating at the Zaryadye MKZ on the territory of Zaryadye Park, which presents Russian clothing brands,…
01.12.2023 304

McKinsey identifies 10 macro trends in fashion for 2024

The annual report of the global consulting company McKinsey& Company, compiled in collaboration with the Business of Fashion publication “The State of Fashion,” highlighted ten macrotrends that will influence the state of the fashion segment and fashion...
30.11.2023 515

"Honest Sign" recorded a 15% increase in shoe prices in 2023

According to the state labeling system “Honest Sign”, average prices for shoes in Russia increased by 15% over the year: in October 2023, the average price of a pair of shoes was 3 rubles, and in the same period in 274 – 2022...
30.11.2023 429

The first Sportmaster PRO opened in Voronezh

On November 21, the first sporting goods store “Sportmaster PRO” opened in the Voronezh City Park “Grad” shopping center, which became the largest in the Black Earth Region. The retailer rented more than 3 sq. m in a shopping center on the site of the departed...
29.11.2023 414

Testoni has released a festive collection

Italian luxury shoe brand Testoni presented a festive collection. A capsule of women's shoes and accessories inspired by the views of the snow-capped Alps. As the fashion house emphasizes, the holiday collection is “An ode to fashion and luxury in...
29.11.2023 386
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning