Tuesday, May 22nd, 2012
Cold weather boosting retail sales in Poland
The recent cold weather in Poland has helped boost retail sales, since many people have rushed to stock-up on warm clothing, reported Parkiet.
Winter-sports equipment and clothing retailers are benefiting the most from the extreme cold.
Intersport's stock price rose by around 20 percent on Wednesday, closing at z³.4.14. The company's sales for January increased by nearly 30 percent, to z³.27 million.
Meanwhile, the stock price of clothing retailer Vistula rose by 15 percent to finish at zl.1.33.
New collections as well as seasonal promotions are also helping to boost sales.
From Warsaw Business Journal
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