Men's & women's clothing, footwear and accessories sales up in Q3 2006
11 Jan '07
1 min read
Statistics Canada releases quarterly retail commodity survey of third quarter 2006. Clothing, footwear and accessories had their strongest year-over-year growth in the third quarter of 2006 since the beginning of the series in 1998, with an 8.7% increase resulting in total sales of $8.1 billion. The best performance in this category was by footwear, which grew by 10.5%.
Sales of women's clothing rose by 9.1% while those of men's clothing were up by 6.9%. Lower prices for all categories of clothing and unseasonable weather patterns are among the factors that may have contributed to this strong performance. Clothing and accessories stores contribute to two-thirds of the sales of this category, while general merchandisers account for one-quarter of the sales.
Health and personal care products exhibited the strongest gain during the third quarter of 2006, advancing by 10.0% to $8.4 billion. Sales of health and personal care products have grown faster than total retail sales for the last four quarters.
Sales of home furnishings grew by 10.1%. Sales of this commodity group have been growing at a brisk clip in 2006 after witnessing moderate increases in the previous three years.
marketing@alchempro.com
