Student celebrations boosted fashion retail
Photo: Oscar Olsson/TT

Student celebrations boosted fashion retail in May

Student celebrations and other holidays boosted the fashion retail industry in May. Sales of clothing and shoes increased by 6.4 percent and 7.6 percent, respectively, compared with the same month last year, according to the Swedish Chamber of Commerce's monthly Style Index.

However, it was e-commerce that accounted for the month's strongest growth. Online clothing sales increased by 15.2 percent and shoe sales by 12.8 percent compared with May last year.

"May is characterized by student celebrations, graduations, weddings and other occasions when many people want to dress up a little extra. Together with a somewhat stronger household economy, this has contributed to a strong month for the fashion trade," says Sofia Larsen, CEO of Svensk Handel, in a press release.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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