In September, independent footwear stores in Russia experienced, on average, a 17 percent slump in sales, compared with the same period of the previous year, on the back of a second wave of Covid-19 in the country, Moscow-based think tank Evotor estimated. It is believed that chains are performing slightly better.
Sales dropped by 28 percent in Moscow and by 26 percent in St. Petersburg – more than in the rest of the country, according to Evotor’s monitoring.
Non-food retailing has been hit by new quarantines, a fall in the local population’s purchasing power, and employees need towork from home, Andrey Romanenko, Evotor’s general director, commented.
The number of new coronavirus cases has tripled in Russia since August. Moscow and St. Petersburg reported the highest number of new cases. To combat the pandemic, the two cities have implemented the harshest sanitary rules, which have not been extended to most Russian provinces.