Hungarians plan to spend more on clothes

Retail

A recent survey by online reseller Vatera revealed that from March to June, respondents spent an average of HUF 8,875 per month on clothing, but for the rest of the year they plan to spend twice as much, around HUF 18,000 per month, writes uzletem.hu.

For 40% of the respondents, this amount is the same as before the emergency, but 21% will spend more on clothing than before the emergency, so it is expected that the turnover of the clothing industry may soon rise to last year’s level.

From March to May, the online marketplace also saw a similar change in the clothing segment in the apparel segment, with a 40% decline in unit sales and a 43% decline in sales, the business websites adds.

ADVERTISEMENT

European e-commerce soars during pandemic - study Analysis

European e-commerce soars during pandemic - study

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Chain Bridge to be closed for traffic for 18 months City

Chain Bridge to be closed for traffic for 18 months

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.