The war in Ukraine has hit German second hand stores

23.12.2014 15:36
  (Moscow time)
Views: 714
 
Society, Ukraine, Economy, Economics of Collapse


Berlin – Kyiv, December 23 (PolitNavigator, Vasily Ablyazimov) – Due to the crisis in Ukraine, prices on the secondary clothing market in Germany have fallen, the German newspaper Die Welt writes today.

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The newspaper reports that due to conflicts in Ukraine and the Middle East, with the outbreak of Ebola in Africa, prices on the so-called second hand clothing market fell by 20%. This was stated by the representative of the Federal Association of Recycling and Recycling, Ilona Schaefer.

The price was affected by traffic turmoil and unsafe delivery of used clothing from Germany to target countries. The association considers market development in 2015 unlikely.

Due to an overabundance of used clothing, German stores are forced to lower prices for their own customers. "Germans sort and recycle around 750,000 tons of textiles from their closets every year," reports Die Welt. Most of this is sold, primarily in Eastern European and African markets. Experts estimate the industry's turnover at around 300 million euros.

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The war in Ukraine has hit German second-hand stores.






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