Monday, May 18, 2015

Clothing stores provide over two-thirds margin in – nrc.nl

 Bargain hunters take their chances

The sell-off in Rotterdam Koopgoot. Photo: ANP / Robin Utrecht

Economy

Profits from clothing has declined in recent years much faster than sales. As a percentage of sales decreased from 5.5 percent in 2010 to 1.6 percent in 2013. That made the Central Bureau of Statistics today.

Where the industry in 2010 operating income of more than 500 million euros booked, was reduced in 2013 to 150 million euros. That is a decrease of over 70 percent. In comparison, the operating profit of the entire retail industry over the same period by 16 percent. In 2014 and the first quarter of 2015, sales of clothing fell further, mainly due to price decreases.

CBS

CBS

The decrease is due clothes between 2010 and 2013 700 million euros in turnover handed in, but at the same cost but with 300 million euros brought back. This is mainly due to the staff and accommodation costs, according to the CBS.



“These costs, which collectively make up 30 percent of the total costs, remained in the period 2010-2013 increase. The housing costs rose by nearly 7 percent and personnel costs by more than 1.5 percent. The increase in personnel is striking because the jobs just decreased between 2010 and 2013. The main cause of the increase is that more had to be paid to social contributions. “

The clothes knew their procurement costs, which more than make up half of the cost, but equally with the revenue back bring

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