Fashion retailers try to exhaust inventories before autumn season

Autor: Cristina Stoian 05.09.2010

The latest season's price cuts in apparel and footwear stores have erased several hundred RON from the sums spent for a complete dress-up, even one made up of established brands.
Even so, clients, ever fewer that in the economic boom years, are not satisfied with price adjustments and particularly with the offer and are putting their hopes in the further discounts that will come on a declining market.
According to shopping centres, the number of visitors has not fallen against last year, with traffic even rising in many cases as "Romanians have given up holidays". Nevertheless, apparel and footwear stores admit "most of them are just visitors, and sales are still on a downward trend".
As a matter of fact, amid VAT hike and the 25% salary cuts for public sector employees, the first to be erased from the shopping list are clothes, footwear or home products, according to market research firms' prognoses.