Today: October 13, 2015, 10:58 am

Migration to cheaper apparel brands in evidence in Greece
Apparel in Greece - a new market research report on 2014-03-24 07:31:04
With Greece falling deeper into recession, 2012 has been a year of negative growth for the apparel market. Greeks are left with less money to spend and this resulted in clothing and footwear purchases becoming less frequent and more conservative as well.
A migration to cheaper brands is also evidenced, resulting in a steeper decline in value terms. On the retailers´ part, discounts and sales are becoming more prevalent and more aggressive in response to the reduced traffic in hope of boosting consumption.
Although traditionally Greeks were rather big spenders when it came to clothes, shoes or accessories, such attitudes subside amidst the economic downturn. With disposable incomes having been squeezed considerably for a good part of the Greek population, Greeks were forced to trade down from expensive to mid-priced if not economy brands.
Click for report details: ..
Browse all Textiles and Clothing Market Research Reports ..
Browse all Textiles and Clothing Company Profile Reports ..
Browse all Latest Market Research Reports ..
About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 337 Words
Related Articles
More From Finance
USGFX Anticipates A Rise In Forex Trading [..]
The Shanghai Composite Index has been volatile and at one stage dropped more than 30% from its June 12 peak, [..]
Credit-Yogi Recommends Reputable Debt Solution Companies To [..]
Many people who have poor credit don’t know what to do about it. They realize that their bad credit prevents [..]
Credit-Yogi Reveals Special Considerations for Military Members [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]
Credit-Yogi Teaches Consumers How To Use HAMP [..]
Be Prepared to Utilize HAMP Lenders do not like to help borrowers prevent foreclosure by accessing the Obama loan modification [..]
Credit-Yogi Informs Military Members Facing Auto Repossession [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.