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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 ($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.

News by Reuters, edited by ESM. Click subscribe to sign up to ESM: European Supermarket Magazine.

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