Fashionshop turnover hit rock bottom

A new lowest record infashionshop turnover has been set. In the first quarter of this year 3% less was spend on cloths compared to last year (ING). Compared to 2008 turnover was 15% less.

According to ING the reasons are: Consumers expecting low prices and fierce competition both offline and online. 1 in 7 people consumers buys online. Consumer trust is back at the level before the crisis. In the same quarter consumers spend 700 million euro more than last year.