Home / Knowledge / News / Apparel/Garments / Spanish garment shops start offering discounts on sales
Spanish garment shops start offering discounts on sales
10
Jan '13
courtesy: Finanzzas.com
courtesy: Finanzzas.com
True to their tradition, textile and clothing shops in Spain have started offering discounts (rebajas) on the purchase of their products from the next day of Reyes, the day of the Kings, usually celebrated on January 6 each year.
 
Asociación Empresarial del Comercio Textil y Complementos (The Business Association of Textile and Accessories Trade or ACOTEX) expects 85 percent of Spanish citizens to buy clothes during the sales season, with an average expenditure of 82 euros, down 3.5 percent compared to last season.
 
ACOTEX attributes the likely decline in clothing expenses this season to the current economic crisis in the country, stoppage of extra pay to public employees this year and a general cautious attitude of citizens in their savings and expenditure.
 
ACOTEX estimates total sales of €3,600 million during the January and February rebate period, contributing more than 20 percent to yearly sales.
 
The textile and apparel businesses are offering discounts ranging from 50 to 70 percent to encourage consumption and prevent drop in sales.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: conservativehome.com

Textiles | On 24th Jun 2016

Britain set to leave EU; India prepared for consequences

Britain is set to be the first country to leave the EU since its...

Apparel/Garments | On 24th Jun 2016

TEA appeals to PM to forge FTA with Britain

On the heels of Britain voting to exit the European Union, the...

Textiles | On 24th Jun 2016

Now, govt tries to link textiles sector with tourism

The government has said concrete steps are being taken to set up...

Interviews View All

Jurgen Gauger
Spreadshirt

How is the market for personalised prints on garment shaping up? What are...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Dinaz Madhukar
DLF Emporio and DLF Promenade

How do you see the competition from e-stores? What is the marketing...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
june 2016

F2F Magazine

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search