Fluctuations in footwear retail sales
In April, the FOOTWEAR AND LEATHER GOODS sector recorded a year-on-year increase of 3.2%, driven by strategies such as installment payment plans and special discounts. In May, performance declined by 0.5%, due to factors including reduced purchasing power, higher supplier prices, and adjustments in social assistance programs, all of which impacted demand.
June showed a 5.2% drop -despite a cumulative increase of 8.1% in the first half of the year- pressured by informal commerce, major retail chains offering significant discounts, and digital platforms with lower tax burdens.
On Father’s Day, the average transaction value was approximately $ 58,738, with sales growing just 0.6% year-on-year, supported by combined financing options and cash discount promotions, according to the Argentine Confederation of Medium-Sized Enterprises (CAME).