France's textile and apparel sales fell 4.1% in January this year

France's “Textile” reported on March 8 that according to the French Fashion Institute’s economic observation analysis, French textile and apparel sales fell 4.1% in January this year for two reasons. First of all, the beginning of this year’s price reduction starts from January compared to last year. Moved to the 12th on the 6th, missed a week time, so the basis of comparison is different, accurate statistics wait for the cumulative data of the first two months of the year. However, from the monthly statistical point of view, sales performance is not optimistic, in fact, sales in January 2010 and the year-on-year decline in 2009 also reached 5.9%. This is followed by rising prices, which have caused families to tighten their budgets in various areas such as energy, transportation, and textiles and clothing. In addition, the increase in the price of clothing has also caused concern in the industry and will slow down consumption.

According to the report, in the above background, big shopping malls, at least due to the patronage of foreign tourists, saw sales increase by 3.4% in January; however, sales in popular stores dropped sharply to 8.4%; stores and supermarkets dropped by 6.8%; The drop in large wholesale stores was 2.4%. In terms of products, sales of household fabrics increased by 2.9%, textiles increased by 2% overall, sales of female outerwear, especially women's suits, decreased by 0.8%, female underwear and footwear decreased by 1.9%, and women's small items decreased by 5%; Men's small items dropped 6%, men's underwear and footwear fell 11.1%, children's wear fell 4.9%.

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