French Clothing Sales Recorded A 3 Year Low, Down 2.8% In The First Half.

According to the data, France

Sales recorded a new low of 3 years, falling 2.8% to 4 billion 900 million euros in the first half of 2016.

France

The Federation of garment industries has blamed the continuing impact of the French terrorist attacks and the cold and rainy spring weather.

Pierre-Fran OIS Le Lout, the new president of the association, said there was no growth momentum in the industry, and the only good news was that exports continued to grow.

According to the French Tourism Bureau, the number of French tourists fell by 7% in 1-8 months, which caused a certain blow to the department stores which accounted for 7.6% women's clothing.

The association said the two quarter was particularly severe, with only a 8.2% decline in single month sales in April.

In the first half of 2016, French clothing exports amounted to 1 billion 500 million euros, a slight increase of 1.2% over the same period last year, but it has been rising for eight years since the financial crisis.

The European Union is the largest market for French clothing for women's clothing exports, accounting for 55% in the first half of the year. Exports to Italy, Spain and the United Kingdom increased by 9.8%, 17.5% and 9.1% respectively, and exported to the United States and Russia.

There are also 5% and 4.7% growth rates.

However, exports to the weaker big China market plummeted 23.7%, while exports to the Japanese market also declined by 2.3%.

In addition to women's wear, the French children's wear market also fell by 0.7% in the first half of 2016, while men's clothing sales rose 0.3%, while the overall clothing market fell 1.6%.

According to the data released by the most famous French fashion brand Christian Dior Couture, Dior in late July, in the second half of fiscal year 1-6, 2016, Christian Dior Couture, Dior brand income decreased by 2% to 893 million euros on average, and business profits also recorded a 30.2% decline, from 106 million euros in the same period last year to 74 million euros, while 12.5% in the first half fiscal year (2015 7-12).

Christian Dior Couture Dior brand chief executive Sidney Toledano pointed out that the brand performance during the period was hit by the decrease in tourist flow. This factor affected many markets in France, other European countries, Japan and Hong Kong and Macao. Only after the United States, Switzerland and the European Union referendum, the currency depreciated sharply and was not attacked by terrorism recently.

The Chanel Chanel BV, a French Brand Company Chanel SA Chanel holding company, which is on the same name as the Christian Dior Couture Dior brand, submitted to the Amsterdam chamber of Commerce in Holland, where the company was based in August, shows that Chanel International BV has achieved an income of $6 billion 240 million, or 5 billion 500 million euros, and plunged 17% in the 2015 fiscal year ended December 31st.

The French women's clothing market is dominated by high-end brands, which is particularly affected. In fact, with the consumers becoming cautious and conservative consumption strategy, the global women's wear market is in a state of atrophy.