Additionally, the seasonally adjusted General Volume Index for Feb. 2024 experienced a 3.8% decrease compared to the previous month of the same year.
Acknowledging a boost in the optimism index, signaling hope for the future, Kafounis pledges support for wage hikes, contingent on reducing excessive non-wage costs and permanently scrapping memorandum burdens
Kotsovolos and Jumbo are just two examples of Greek retailers looking to source closer to home in a bid to keep down transport costs
Retailers are optimistic for January and February sales volumes
Real GDP in Greece is estimated to have increased by 2.3% in 2023, easing to 2.0% in 2024
Confronted by ever-rising living costs, many consumers have become “value hackers”, bargain hunters who employ new methods to make the most out of their income.
Clothing, shoes, toys, personal beauty products and electronic devices large and small seemed to be the most popular choices for yet another year according to the authority
Global market for resale apparel is expected to reach $351 billion in 2027, Statista data show
As growth slows across the luxury industry, designer labels need discreet places to unload excess inventory
Zara and H&M are adding beauty salons and new digital features to physical locations to renew their appeal