13 January 202009:08
Russia: Clothing, Footwear Sales Down 4% in 2019
UrBC, Moscow, January 13, 2020. Russian market’s clothing and footwear sales dropped for the first time since 2015 last year, Kommersant refers to Fashion Consulting Group (FCG)’s research findings as indicating. In 2019, the country’s fashion market shrank by 3% to 4% (down to RUB 2.26-2.29 trillion). The sales of clothes, shoes, and accessories declined for the first time since 2015, when the turnover decreased by 9% (down to RUB 2.27 trillion). A year later, the market’s turnover rose by 1% (up to RUB 2.3 trillion) and a year after that - by 3% (up to RUB 2.36 trillion). Analysts believe