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GreeceBusinessGreek online fashion sales up in 2022

Greek online fashion sales up in 2022

Hellenic News of America
Hellenic News of Americahttps://www.hellenicnews.com
The copyrights for these articles are owned by HNA. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of HNA and its representatives.

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Greek online fashion sales rose in 2022 despite a rising inflation, geopolitical tensions and an energy crisis which negatively affected consumer behavior, GLAMI.gr said in its annual Fashion Year in Review report.

More specifically, 56% of fashion e-shops reported an increase in revenue, up from 47% in 2021, with a 43% saying business results were positive in 2022.

Greek representatives of the fashion sector (clothing and footwear) remained optimistic over the current year, with a 40% expecting conditions to improve and only 2% saying conditions would worsen. A 12% is certain that conditions will be definitely better in 2023.
A 50% of fashion e-shops said they planned to keep prices unchanged in 2023, a 37% plans to raise prices by 6-10%.

SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

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