ZF English

Fashion retailers try to exhaust inventories before autumn season

Autor: Cristina Stoian

05.09.2010, 23:44 7

The latest season's price cuts in apparel and footwear storeshave erased several hundred RON from the sums spent for a completedress-up, even one made up of established brands.
Even so, clients, ever fewer that in the economic boom years, arenot satisfied with price adjustments and particularly with theoffer and are putting their hopes in the further discounts thatwill come on a declining market.
According to shopping centres, the number of visitors has notfallen against last year, with traffic even rising in many cases as"Romanians have given up holidays". Nevertheless, apparel andfootwear stores admit "most of them are just visitors, and salesare still on a downward trend".
As a matter of fact, amid VAT hike and the 25% salary cuts forpublic sector employees, the first to be erased from the shoppinglist are clothes, footwear or home products, according to marketresearch firms' prognoses.

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