Pro Content

Italian Market: High Profile Store Closures & Slow Trade Hits Boardsports Market

The economic update has not changed much from the last quarter with export numbers decreasing, as important export markets like Germany are buying less than expected. So April had seen a decline of 1.7% in exports with only car exports growing but from a weaker base when compared with other sectors. Gas and oil prices have now been stabilized and so are not as big an issue anymore but the inflation and increasing interest rates have lowered consumers purchases and so many companies sales has…