The Serasa Experian Indicator pointed 0.9 percent advance in retail sales of textiles, clothing, footwear and accessories in September, compared to August. In nine months, the sector grew by 0.7%. With that, the Institute of studies and Industrial Marketing (IEMI) predicts a growth of 1.5% to 2% in retail sets for this year, less than the forecast made at the beginning of the year of 3.4%. "After the World Cup and the first round of elections, retailers started to have a faster pace and the expectation of a breakthrough in sales with year-end promotions and Black Friday," says Ruben Abreu, Executive Director of the Brazilian Textile retail Association (Abvtex). (Value)
Giro News - 14/10/2014
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