Home / Knowledge / News / Fashion / Retails sales of footwear & clothing accessories soar in April

Retails sales of footwear & clothing accessories soar in April

02
Jun '08
The Census and Statistics Department (C&SD) released the latest figures on retail sales June 2.

The value of total retail sales in April 2008, provisionally estimated at $22.8 billion, increased by 18.7% over a year earlier. After netting out the effect of price changes over the same period, the volume of total retail sales increased by 11.6% in April 2008 over a year earlier.

The revised estimate of the value of total retail sales in March 2008, at $22.6 billion, increased by 20.0% over March 2007, while the volume of total retail sales increased by 13.0%.

Taking the first four months of 2008 together, total retail sales increased by 17.8% in value or 11.6% in volume over the same period a year earlier.

Analysed by type of retail outlet and comparing April 2008 with April 2007. Sales of wearing apparel (+18.8% in volume); jewellery, watches and clocks (+14.1%); miscellaneous consumer goods (+10.9%); footwear, allied products and other clothing accessories (+9.8%); commodities in department stores (+9.5%); furniture and fixtures (+8.7%) and commodities in supermarkets (+3.4%).

On the other hand, the volume of sales of miscellaneous consumer durable goods decreased by 4.3% in April 2008 compared with a year earlier.

Based on the seasonally adjusted series, the volume of total retail sales increased by 2.2% in the three months ending April 2008 compared with the preceding three-month period.

These retail sales statistics are primarily intended to measure the sales receipts in respect of goods sold by local retail establishments, for gauging the short-term business performance of the local retail sector. They cover consumer spending on goods but not on services.


Interviews View All

Stefan Warnaar, Peak to Plateau

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Top executives, Textile industry

Top executives
Textile industry

In 10 years' time, everything will have the responsible factor integrated

Vidhyaa Shankar. S, A Ganapathi Chettiar

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Rajat Jaipuria,

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Michael Van Den Dolder,

Michael Van Den Dolder

Family-owned German textile machinery manufacturer Trützschler operates...

Abhishek Pachauri,

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Silke Brand-Kirsch, Schlegel und Partner

Silke Brand-Kirsch
Schlegel und Partner

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

Michael Jaenecke, Messe Frankfurt

Michael Jaenecke
Messe Frankfurt

From May 14 to 17, international exhibitors will present the entire...

Paolo Ocleppo, Sandvik Hyperion

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Joe Ikareth, Joe Ikareth

Joe Ikareth
Joe Ikareth

<b>Joe Ikareth</b> has a rock-solid fashion and textiles background, which ...

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Ritu Kumar, Label Ritu Kumar

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

Leave your Comments


November 2019

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

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search