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France: new aid for four sectors with overstocks

2021-03-30T18:43:31.308Z


Sellers of clothing, shoes, sports shops and leather goods are concerned. A subsidy will be paid to businesses in a situation of overstocking, including clothing sellers, in addition to the usual aid they receive due to the health crisis, Minister Delegate for SMEs Alain Griset announced on Tuesday. Read also: Containment: these small traders who circumvent the rules to continue working Shoe sellers, sports shops and leather goods will also be concerned. In total, "ab


A subsidy will be paid to businesses in a situation of overstocking, including clothing sellers, in addition to the usual aid they receive due to the health crisis, Minister Delegate for SMEs Alain Griset announced on Tuesday.

Read also: Containment: these small traders who circumvent the rules to continue working

Shoe sellers, sports shops and leather goods will also be concerned.

In total,

"about 35,000 companies"

will share an envelope of

"about 200 million"

euros, said the minister on RTL radio.

"Those who, in November, received the solidarity fund, we will pay them 80% of what they received in November, in addition to the usual aid

," he explained.

Offset balances at half mast

This new aid, which should be paid in late April or early May, should be used to offset the lower sales recorded by these businesses in recent months, despite the winter sales at the start of the year.

During this promotional period, sales were 25% to 30% lower than in 2020, estimated Alain Griset.

Read also: Containment: closed shops could be authorized to liquidate their stock outside the sales period

In this regard, he also stressed that there were no plans to bring forward the dates of the summer sales or to set up other sales periods for traders to sell their stocks.

Source: lefigaro

All business articles on 2021-03-30

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