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down 30% compared to 2018

down 30% compared to 2018

The survey, which included 60 open-air shopping centers in the City of Buenos Airesalso showed a pronounced drop in the sale of shirts and clothing official sports linked to the football championship, with an average decrease of 20% against 2018.

According to FECOBA, “the greater identification of the public with the current National Team tended to moderate this fall, reported from the sector”.

Similarly, the query sector chambers revealed an increase in proliferation of counterfeit national team shirtsas well as manteros distributed in different illegal sales points in different neighborhoods.

With respect to cotillon related to the World Cup the sale still shows no significant movementand the first comparisons indicate a retraction, mainly affected by the impossibility to import those kinds of products.

“In the case of the sale of televisionswhat we are observing is that beyond the low demand compared to other pre-world eraswhat is noticed is the missing product and, on the other hand, the evidence of a process of economic recession with thinner pockets,” said the president of FECOBA, Fabian Castillo.

At the same time, the head of the entity explained that “there are appliance companies that they cannot go out to offer televisions because they still haven’t received the merchandise due to shipping problems. import“.

It is worth clarifying that the appliance financing program Now 30 is in force, offering an interest rate of 48%, lower than the market rate.

Source: Ambito

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