Garments Division Sets Discount Date
The Head of Ready-Made Clothing Division at the Cairo Chamber of Commerce predicted that clothing prices will stabilize during the upcoming winter season, with a possibility of a reduction of up to 50% during November discounts. This is mainly due to existing stock from the previous season, prompting merchants to offer significant discounts to clear it out. New clothing prices, however, remain lower by between 10% and 20%, given the difficulty of offering high discounts on new collections at the start of the season. He emphasized that these discounts will be genuine and urged consumers to monitor prices and keep receipts to protect their rights in case of returns or issues. He also highlighted that the current market challenges require merchants to continue operating with a reasonable profit margin.
Notice: This Is an AI-Generated Summary
Comments (0)