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8 April 2021, 07:03

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Photo by D. Grishkin. Press Service of the Mayor and the Moscow Government

In the first quarter of 2021, the turnover of enterprises in this sector reached 10.7 billion rubles. This is 1.1 percent more than it was in March last year during the introduction of restrictions related to the pandemic.

Sports and beauty industry organizations that showed revenue growth in February continued to gain momentum. In March, sports organizations increased their revenue by 17.6 percent (to four billion rubles) compared to the previous month, said the Deputy Mayor of Moscow for Economic Policy and Property and Land Relations. Vladimir Efimov

“The approaching summer season and the return to habitual consumer behavior as the restrictions associated with the pandemic were lifted, allowed fitness centers to increase their revenue to one billion rubles – by 11.9 percent compared to the previous month. Sporting goods continue to be in high demand – the turnover of sporting goods and equipment stores increased in March to 1.3 billion rubles – by 13.1 percent compared to February, ”the deputy mayor said.

According to the Moscow Analytical Center, the beauty industry has returned to pre-crisis positions, the turnover of enterprises in this sector in the first quarter of 2021 exceeded the last year’s figure by 1.1 percent, reaching 10.7 billion rubles.

“The spending of Muscovites in hairdressing and beauty salons in March increased by 23 percent – to 4.25 billion rubles. Cosmetics and perfumery also enjoyed increased demand in the first month of spring, including thanks to the celebration of March 8, “added the Minister of the Moscow Government, head Department of Economic Policy and Development Kirill Purtov.

As a result, according to him, the revenue of retail stores selling cosmetics and perfumes increased over the past month by 20.3 percent (to 8.9 billion rubles) compared to February.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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