In Belgium the Winter Sales start this Monday. The buying season usually starts on a Saturday, but to avoid a lot of fuss, a weekday has been chosen.
Fashion Union, the Association of independent fashion shops, expects the sales to get off to a slow start. According to Belga, a research by independent organisations NSZ also shows that 70% of shopkeepers take into account a lower sales volume. Almost 70 percent of shopkeepers still have 50 to 60 percent of their stock.
Although shopkeepers still have a lot of stock, very large discounts are not expected immediately. ‘Classic sales start with discounts of around 30 percent and now it will be between 30 and 40 percent’, says a spokeswoman of the fashion Union. NSZ also expects that.