In the moderate decline scenario, which is the most positive of all considered, it appears that a month of public isolation due to the COVID-19 outbreak, and consequently, a drop in revenue, will lead to a loss of liquidity among fashion companies. Therefore, the average annual sales growth rate in the fashion industry is projected to decline by 32 percent.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.
Like-for-like sales change of fashion retailers due to the coronavirus (COVID-19) outbreak in Poland in 2020, by scenario*
Like-for-like (LfL) - sales in the same stores in the comparable period.
* Moderate decrease scenario - isolation lasts one month and ends after Easter 2020 (mid-April).
Average decrease scenario - insulation lasts two months and ends in mid-May 2020.
Deep decline scenario - isolation lasts until mid-May 2020 and is reintroduced in October and November 2020 and March and April 2021.
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PwC. (March 30, 2020). Like-for-like sales change of fashion retailers due to the coronavirus (COVID-19) outbreak in Poland in 2020, by scenario* [Graph]. In Statista. Retrieved September 20, 2024, from https://www.statista.com/statistics/1108451/poland-like-for-like-change-of-fashion-retailers-due-to-covid-19/
PwC. "Like-for-like sales change of fashion retailers due to the coronavirus (COVID-19) outbreak in Poland in 2020, by scenario*." Chart. March 30, 2020. Statista. Accessed September 20, 2024. https://www.statista.com/statistics/1108451/poland-like-for-like-change-of-fashion-retailers-due-to-covid-19/
PwC. (2020). Like-for-like sales change of fashion retailers due to the coronavirus (COVID-19) outbreak in Poland in 2020, by scenario*. Statista. Statista Inc.. Accessed: September 20, 2024. https://www.statista.com/statistics/1108451/poland-like-for-like-change-of-fashion-retailers-due-to-covid-19/
PwC. "Like-for-like Sales Change of Fashion Retailers Due to The Coronavirus (Covid-19) Outbreak in Poland in 2020, by Scenario*." Statista, Statista Inc., 30 Mar 2020, https://www.statista.com/statistics/1108451/poland-like-for-like-change-of-fashion-retailers-due-to-covid-19/
PwC, Like-for-like sales change of fashion retailers due to the coronavirus (COVID-19) outbreak in Poland in 2020, by scenario* Statista, https://www.statista.com/statistics/1108451/poland-like-for-like-change-of-fashion-retailers-due-to-covid-19/ (last visited September 20, 2024)
Like-for-like sales change of fashion retailers due to the coronavirus (COVID-19) outbreak in Poland in 2020, by scenario* [Graph], PwC, March 30, 2020. [Online]. Available: https://www.statista.com/statistics/1108451/poland-like-for-like-change-of-fashion-retailers-due-to-covid-19/
