Russians meet the crisis in rags: Clothing sales fall by 25%

20.01.2021

The coronavirus crisis has brought down sales of clothing and footwear in Russia.

Amid falling incomes of the population to a minimum in almost 10 years, the fashion retail market shrank by 25% in 2020, Kommersant reports, citing Fashion Consulting Group, FCG, statistics.

In monetary terms, clothing retailers lost about half a...