Online sales decline
The Online Sales Retail Report released by the National Chamber of Commerce (CNC) recorded an 8.1% contraction in the FOOTWEAR sector during the first three months of 2023 compared to the same period of the previous year.
For the second quarter, the negative variation reached 9.2% annually, according to data provided by the Department of Studies.
On the other hand, the penetration of online sales as a percentage of the total was 11.8% and 16.9% in the first and second quarters, respectively, for the CLOTHING AND FOOTWEAR sector.