Guangzhou's retail sales rise due to the World Cup fever - Biz Headlines

Guangzhou's large malls and department stores Grandbuy, Friendship Store, Xindaxin and Teem Plaza, sold World Cup related merchandise worth nearly 500 million yuan ($ 62.5 million US) during the tournament.

Sales increased over 20% compared with the same period, last year. The sales increase was mainly in sporting goods, electronic appliances and wines. Guangzhou Wine Association Secretary-General surnamed Xia yesterday said that Guangzhou's wine sales increased 30%, soaring to 1.5 billion Yuan.

Editor: Yan

By: Source: Radio Guangdong website

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