Sales Increase in Argentine Shopping Centres

Sales in Argentine shopping centres grew 147.8 per cent year-on-year last April at current prices, accumulating a total of 114,153.9 million pesos.

The information was provided in the latest sectoral report prepared by the National Institute of Statistics and Censuses (Indec) of Argentina. In turn, said document informs that all the categories that make up the fashion industry closed the month on the rise.

In the case of the Clothing, footwear and leather goods sector, it was the one that had the most sales in the overall turnover, with a participation of 42.4 per cent in the total sales registered in shopping malls nationwide. Sportswear and accessories ranked fourth with 12 per cent of the total.

When analysing the percentage change compared to April of last year, it should be noted that the clothing item grew by 133.8 per cent while “Sports clothing and accessories” led the textile sector with sales acceleration of 135.3 per cent year-on-year.

In turn, for the fourth month of the year, the clothing, footwear and leather goods sector had the highest participation in the gross leasable area, with 28.9 per cent of the total. Sportswear and accessories had 7.3 per cent.

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