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The highest growth in the annual turnover of the retail trade industry in Romania was registered in 2016, totaling **** percent. Nevertheless, since 2012, there has been a positive percentage change in the retail trade annual turnover. As of July the revenue growth was *** percent in 2024.       

Fashion Retail Sector

 The fashion retail landscape in Romania has witnessed both shifts in employment and remarkable revenue growth over the years. Despite a decline in the number of employees from *** thousand in 2008 to *** thousand in 2023. As of September 2023, Romania boasted a total of *** retail chains and the fashion and clothing sector led with ** chains. LPP ROMANIA FASHION SRL emerged as a frontrunner, securing the highest revenue among rapidly expanding medium and large retail companies in 2023, with an impressive sum of nearly *** billion Romanian lei. This highlights the resilience and dynamism of Romania's fashion retail industry amidst changing economic landscapes.    

Footwear Retail Market

 

 In the footwear retail sector, projections indicate significant growth, with the retail sales revenue expected to reach around * million U.S. Dollars by 2025. In 2023, Deichmann stood out as Romania's leading footwear retail company, boasting a substantial revenue of million Romanian lei. These figures underscore the sector's robust performance and the prominent position of Deichmann within the dynamic Romanian footwear market.