Highlights
Netherlands Retail: Confidence gap widens, footwear lags
Recent developments in the Dutch retail market reveal an increasing gap. Although consumer confidence has deteriorated sharply, retailers remain positive and footwear imports have shown resilience. Yet, footwear continues to lag behind the broader retail sector, facing weaker demand, persistent price pressure, and inconsistent sales. Meanwhile, online retail remains structurally strong, reflecting the ongoing shift in consumer purchasing behaviour
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H&M improves profitability in the second quarter despite flat sales
The Sweden-based fashion retailer reported that sales remained broadly unchanged in local currencies in the second quarter, while improved margins and lower costs helped to increase profitability
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