Italian apparel retail sales drop 5.2% YoY in Sept

In the third quarter (Q3) this year, retail sales rose by 0.1 per cent in value and dropped by 0.4 per cent in volume compared with the previous quarter.

On a year-on-year (YoY) basis, retail sales in September increased by 0.5 per cent in value, while falling by 1.4 per cent in volume, an Istat release said.

Retail sales grew by 0.4 per cent YoY in large-scale distribution in the month. Non-store sales rose by 1.9 per cent YoY, while online sales were up by 7.3 per cent YoY. Small-scale retail declined by 0.4 per cent YoY in September.

Among non-food products, the sharpest YoY declines were observed in shoes, leather goods and travel items (minus 5.7 per cent) and apparel (minus 5.2 per cent).

ALCHEMPro News Desk (DS)