Card payments in quarantine: Czechs took the bicycle shops by storm
16.06.2020Company: Amcham
Sales of bicycles and bicycle equipment grew unexpectedly during the Covid-19 pandemic. In May, they were even twice as high year-on-year. People also spent more on golf and sports equipment and clothing. On the contrary, revenues from cultural activities went steeply down due to the closure of cinemas, theaters and concert halls. Thanks to online sales, music and book stores were an exception, according to statistics on card payments in ČSOB in the area of leisure time from March to May.
More information in the attached press release (in Czech language only).
Tags: Finance | Business Development | Retail |
