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    Luxury Goods Sales In Korea Increased By 16.7% Over The Same Period Last Year.

    2011/8/3 11:12:00 51

    Luxury Sales In Korea Rise

    Not long ago, a government report in Korea showed that, with the increasing demand for outdoor products and groceries, South Korea's main

    Discount Store

    And department stores in June.

    Sales volume

    It has increased compared with the same period last year.


    According to Korea

    Ministry of knowledge economy

    According to the report, the total sales volume of the three largest discount stores in June increased by 2.7% compared with the same period last year, while the total sales of three major department stores in June increased by 8.2% compared with the same period last year.


    Monthly reports are not included in the sales of three major stores, such as Lotte supermarket, Yi Mart supermarket and Homeplus, three discount stores and Lotte Department stores, new world department stores and modern department stores.


    Sales of groceries accounted for 52.3% of all products sold in discount stores, up 4.4% from the same period last year.


    South Korea's Ministry of knowledge economy said in a statement: "the overall sales of discount stores rose slightly, as the good weather continued to the middle of June, which increased outdoor activities and promoted sales of sports related products and sales of groceries."


    In discount stores, sales of household appliances, which account for more than 10% of all products sold, dropped by 6.4% compared to the same period last year. Last year, the world cup in South Africa increased the sale of large TV sets here.


      

    Luxury goods

    Sales increased by 16.7% over the same period last year, driving sales growth of 3 department stores.

    Sales of household products such as air conditioners increased by 13.5% over the same period last year.


    As the French fashion brand Chanel raised its price here in the early May, luxury sales fell, but demand remained strong from the two digit growth figures recorded for 3 months in a row.


    South Korea's Ministry of knowledge economy said sales of all products in department stores increased in June, although sales of women's dresses and suits increased by 1% over the same period last year, partly due to the fact that in many regions of South Korea, the rainy season was 10 days ahead of normal.


     

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