Italy's OVS CEO says colder weather lifting sales
09/11/2022 12:42
MILAN, Nov 9 (Reuters) - Colder weather is boosting
sales at Italian clothing retailer OVS after a sector's slow
start to the autumn-winter season, its CEO said on Wednesday,
adding this boded well for the Christmas period.
"Since the season got off to a late start, we could see a
good Christmas", OVS OVS.MI Chief Executive Stefano Beraldo
said, adding that cooler temperatures seemed to have a deeper
impact on consumers' behaviour than current inflationary
pressures.
Italy, as many other countries in Europe, had an unusually
warm October, but temperatures dropped earlier this month.
(Reporting by Elisa Anzolin, editing Federico Maccioni)
((elisa.anzolin@thomsonreuters.com; 0039 0266129692;))