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: Christian Dior

Fashion | On 25th Apr 2017

LVMH to acquire Christian Dior Couture for €6.5bn

LVMH and Christian Dior, which holds directly and indirectly 41 per...

Information Technology | On 25th Apr 2017

Self-repairing fabrics to be the future of fashion

It is the era of smart. Intelligent materials like self-repairing...

Textiles | On 25th Apr 2017

Indonesia revitalising textile sector

With exports of textile and textile products rising in Indonesia, the ...

Interviews View All

Anshul Sood
Oceedee

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

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Eamonn Tighe
Nature Works LLC

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

Robert Brunner
Devereux

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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