The winter sales have already started in Monaco, since January 2, which started a few days in advance compared to the French neighbor. Eight in this case for this winter of 2024.
And the climate seems rather good. Whether for customers, who will be able to score good deals, and merchants, who should find their way during these six weeks of promotions galore.
A favorable context for sales
Alexandre Pasta, president of the Union of Merchants and Artisans of Monaco (UCAM), speaks of a positive context for sales in the Principality.
“Retail did well in 2023. We had a solid summer season, sales worked well, local commerce is in good health… Overall, it’s a good year. We’re really off to a good start once more. pre-Covid standards, it’s very encouraging.”
Although we will have to wait until mid-February to take a real look at these sales, the first feedback from stores is positive. “It’s a promising start according to the traders. There are people in Monaco at the moment. Italy is on holiday until next week, it’s Orthodox Christmas time. Everything is in place for achieve good results”assures the president of UCAM.
The challenge for professionals will therefore be to capitalize on this return to favor of commerce in the Principality. Especially since the stores in Monaco have a little extra that is not insignificant compared to their neighbors in France: sales extended over a longer period, which will end here on Thursday February 15.
Up to 50% off
“It allows us to have an undeniable advantage in terms of time. It somewhat erases the differences with France where there are private sales and other promotions. We have greater room for maneuver.”
On the consumer side, customers will be able to benefit from reductions of up to 30% for the first markdowns. As usual, you will have to wait until the last few days to get the best deals with sale products that can go up to 50% off…”see more”.