Home / Knowledge / News / Turnover growth retail slackening
Turnover growth retail slackening
20
Aug '08
Turnover growth in retail trade was 2.3 percent in the second quarter of 2008 relative to the same period last year. This is the lowest growth rate since the fourth quarter of 2005.

Turnover growth in the second quarter is almost entirely attributable to higher prices, as is shown by the latest figures published by Statistics Netherlands.

Turnover growth in the non-food branch was practically zero in the second quarter. Textile supermarkets saw turnover drop by 2.6 percent. Household appliances shops achieved a 2.4 percent turnover growth.

Declining turnover in retail trade was predominantly caused by a substantial sales drop in June by nearly 4 percent relative to June 2007.

The shopping day pattern in June had a major downward effect on sales. After correction for shopping days, there was a marginal turnover growth, but turnover volume declined somewhat.

Statistics Netherlands

Must ReadView All

Courtesy: India ITME

Textiles | On 8th Dec 2016

Industry needs to create 1cr jobs in 3yrs: Kavita Gupta

Sharing several initiatives laid out by the government in R&D,...

Textiles | On 8th Dec 2016

Package will boost made-ups sector: SIMA

The reforms package approved by the Union Cabinet to boost employment ...

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Marten Alkhagen
Swerea IVF AB

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search