Swedish clothing trade sales rise

Swedish “Today’s Industry News” reported on March 13 that the latest index from the Swedish Chamber of Commerce and Industry (SvenskHandel) showed that compared with the same month last year, based on current prices, Sweden’s Sales of clothing retailers increased by 6.1%, and footwear trade increased by 0.7%. Sofia Larsen, CEO of the Swedish Chamber of Commerce and Industry, said that rising sales may be a depressing trend, and this trend is likely to continue, and the fashion industry is facing pressure from all aspects. The increase in the cost of living has made customers’ spending power weaker, and many store rents have increased by more than 11% since the beginning of the year. This has caused great concern that many stores and jobs will disappear.

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