Belgian non-food returns to growth
Welcome to our Retail Reports of the third quarter of 2015! Are you looking for the latest trends in the non-food market?
After two quarters of decline, the Belgian non-food market returns to growth. We noted an index of 101.3 compared to the same period last year.
Unfortunately the video market remains under pressure. Although Action Cams performed excellent during the summer months, the Consumer Electronics market closed this quarter with a sharp decline.
Another suffering market is Media and Entertainment, which couldn’t keep its stable results of last quarter. Together with Home Improvement, showing a slight decrease compared to the same period last year, these are the only three markets in decline.
This means we have a lot of positive news to share: first of all, the Telecom market keeps on growing, despite a downward trend in smartphone sales volume we noted for the first time in Belgium!
Secondly, the IT and Office equipment market experienced a revival in desktop and notebook. Thirdly, Kitchen Appliances continue to boost SDA sales and the market of Major Domestic Appliances experienced a record breaking sales period in July. Furthermore, the Stationery market performed outstandingly during this back-to-school period. Both July sales and back to school had a positive impact on Fashion sales as well.
Are you looking for more details? Go to our website and download the full report!
See you next quarter!
CONSULT THE INDIVIDUAL UPDATES OF THE FOLLOWING MARKETS: