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French Q2 online retail sales up 5.3% – Fevad

Online retail sales in France rose 5.3% year-on-year to 25.9 billion euros ($30.75 billion) in the second quarter as the COVID-19 pandemic spurred remote shopping, the country's e-commerce federation (Fevad) said on Tuesday. The quarterly performance reflected a mixed picture as curbs on travel worldwide hammered demand for travel services, notably in April. France imposed a strict lockdown in March at the height of the coronavirus crisis. Read More...

PARIS, Sept 15 (Reuters) – Online retail sales in France rose 5.3% year-on-year to 25.9 billion euros ($30.75 billion) in the second quarter as the COVID-19 pandemic spurred remote shopping, the country’s e-commerce federation (Fevad) said on Tuesday.

The quarterly performance reflected a mixed picture as curbs on travel worldwide hammered demand for travel services, notably in April. This was offset by a surge in demand for products and services in May and June, the statement said.

France imposed a strict lockdown in March at the height of the coronavirus crisis. That succeeded in preventing hospitals from being overwhelmed by COVID-19 cases, but also dealt a severe blow to the euro zone’s second biggest economy.

(1 = 0.8424 euros) (Reporting by Dominique Vidalon; Editing by Mark Potter)

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