Shoes and clothing stores hard hit by recession

Clothing and shoe shops are being hard hit by the recession with sales down sharply in the second quarter of this year and bankruptcies doubling, according to national statistics office CBS.


Sales of shoes were down 10% and clothing 7% between April and June, compared with the year-earlier period, the CBS said.
For example, earlier this week the 103-branch Henk clothing chain went bust. According to media reports, the 400 staff had not been paid for the past two months.
Have you cut down on your spending on clothes and shoes? Have your say using the comment box below.

Thank you for donating to DutchNews.nl.

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation