Home / Knowledge / News / Textiles, clothing & footwear stores sales go up
Textiles, clothing & footwear stores sales go up
28
Jul '08
Hungarian Central Statistical Office released the retail trade sales for May 2008. According to calendar adjusted data, the volume of retail sales decreased by 1.6% in May, and by 2.4% in the first five months of 2008 compared to prior-year levels. Compared to the previous month, the volume of retail sales decreased by 0.2% according to seasonally and calendar adjusted data.

In May, the domestic retail turnover (including retail sale via mail order houses) approached HUF 515 billion, while for the first five months of 2008 it was HUF 2400 billion. In the first five months of 2008, specialized and non-specialized food, beverages and tobacco stores had a share of 53 percent in sales; the turnover structure has been reflecting this shift for years.

According to calendar adjusted data, the volume of retail sales in specialized and nonspecialized food, beverages and tobacco stores decreased by 1.7% in the first five months of 2008 and by 1.3% in May compared to the same period of the previous year. Sales volumes for non-specialized stores (hyper-, supermarkets, groceries) – having a major, 91 per cent market share – declined by 1.4% and sales for specialized food, beverages and tobacco stores increased by 0.2%.

According to calendar adjusted data, non-food retail trade turnover – at constant prices – was down by 3.0% in the first four months and by 1.9 percent in May compared to the same period of the previous year. In May, sales volume for pharmaceutical and medical goods, cosmetics and toilet articles shops as well as sales in textiles, clothing, footwear stores increased while sales declined in nearly all activity groups, especially in shops for furniture and household goods.

In May, non-food retail sales at constant prices – according to seasonally and calendar adjusted data – rose by 0.1 percent compared to the previous month.

According to a Eurostat first estimate, in May 2008, the calendar adjusted retail sales volume for the 27 member states of the European Union increased by 2.0%, and for the eurozone countries by 0.2% compared to the same month of the previous year. The highest increases were observed in the United Kingdom and Lithuania, and the largest decreases were in Spain, Latvia and Estonia.

Hungarian Central Statistical Office


Must ReadView All

Textiles | On 26th Jul 2017

Textile Corp of America to create 1000 jobs in Tennessee

Textile Corporation of America Inc, a leading textile manufacturer,...

Courtesy: IVL

Textiles | On 26th Jul 2017

IVL completes PTA capacity expansion in Europe

Indorama Ventures Public Company Ltd (IVL), a global chemical...

Textiles | On 26th Jul 2017

Vietnam’s textile & garment exports cross $13bn in H1

Vietnam earned $13.... billion from textile and garment exports in...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Larry L Kinn
Suominen Corporation

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X