Demand for clothes, footwear below seasonal average

AMMAN  —  Representative of the clothing, footwear and jewelry sector at the Jordan Chamber of Commerce, Asaad Al-Qawasmi, said that the demand for buying clothes and footwear in the local market as "limited", despite the approach of Eid Al-Adha, according to Al-Mamlaka TV.اضافة اعلان

Qawasmi said on Tuesday that "the demand for buying clothes and footwear in the local market is below the aspirations of traders, who were hoping for a revived commercial activity during the upcoming Feast of Sacrifice.

"The demand and the purchasing power are below the seasonal average, and weaker than it was during last year," he said.

He explained that the activity was even way below the previous Eid al-Fitr, which marked the end of the holy fasting month of Ramadan. He said the current idle activity comes despite banks postponing loan repayment for their clients.

Qawasmi pointed out that the limited demand in the clothing and footwear is potentially the result of citizen’s weak purchasing power, coupled with the eid coinciding with the Tawjihi exams.


Read more Business
Jordan News