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    Sales Of Clothing Stores Rose Sharply In South Korea In October

    2010/11/19 11:10:00 50

    Latest developments in international news:

    The Republic of Korea

    The Ministry of knowledge economy announced 18 days in October.

    Department store

    Sales increased by 13.3% over the past year, the fastest growth in 8 months, and sales of discount stores were flat.


    Comprehensive media reported on November 18th, South Korea's Ministry of knowledge economy (MinistryofKnowledgeEconomy) released 18 data show that South Korea's three largest department stores in October to achieve the fastest growth rate in 8 months, thanks to the cold weather driven clothing.

    Sell well


    Data show that the sales volume of the three largest department stores increased by 13.3% in October, up from 6.4% in September and the highest in February since October.


    The Ministry of knowledge economy said that clothing sales rose sharply in October and accounted for half of the total sales, due to the cold weather.


    Officials of the Ministry of knowledge economy said that it is too early to assert that retail sales growth has been on the rise, and weather factors play an important role in it.


    In addition, sales of Korean discount stores were flat in October, and sales of discount stores increased by 18% in September due to surging sales of food products driven by mid autumn Festival holidays.

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