Swedish clothing trade is improving

Swedish Radio reported on May 12 that the Swedish Trade Style Index showed that clothing trade performed strongly. Compared with the same month in 2021, clothing sales in physical stores and online increased by 43.2% in April. Footwear trade increased by 49.5%. Mats Hedenström, director of business policy at the Swedish Chamber of Commerce and Industry, said: “For many people, a quick recovery is very necessary after the huge losses caused by the epidemic. Customers have now returned to physical stores for shopping, which is really gratifying.” Mats Hedenström added : “Although this news is good, there is also a worrying aspect. Rising costs due to rising raw material prices and increased transportation risks have slowed the pace of recovery.”