27 ° C
Breaking News

Covid latest: 19 hospitalised - 18 res, 78 home monitored, 12,497 recoveries, 57 deaths, 411 incidence rate

Countdown to the summer sales

Countdown to the summer sales

By Stephanie Horsman - June 22, 2022

The summer sales have started in most regions of France, but to get the best deals on coveted items in Monaco and the Alpes-Maritime, shoppers will need to wait a couple more weeks.

The summer sales in France and Monaco are a much-loved and much-anticipated tradition for bargain hunters looking to get the best deals on items ranging from clothing to sports equipment to housewares.

In the vast majority of France, the sales officially began on Wednesday 22nd June, but for Corsica and the Alpes-Maritimes, shoppers will need to wait until 6th July to get out the credit cards for deals. The sales period will then run until Tuesday 2nd August.

In Monaco, the summer sales are traditionally set for 1st July to 15th August, giving shoppers a small head start on their French neighbours. The past two years have seen these dates shift due to the pandemic, but a source at the Department of Economic Expansion confirmed to Monaco Life the Friday 1st July date for 2022.

The summer sales take place this year in a world marred by inflation. In May 2022, inflation in France increased by 5.2% over the past year, according to the latest figures from INSEE, undermining the purchasing power of consumers considerably.

The rise in consumer prices is said to be the result of fallout from the pandemic, exacerbated by the war in Ukraine, which caused a surge in energy and agricultural raw material prices.

The sales in France must meet three conditions, according to the Ministry of the Economy. First, they must be accompanied or preceded by advertising. They must also include an announcement of price reductions, which can go as far as resale at a loss, within the limit of the stock to be sold. Finally, they are only able to hold sales during a fixed period, as provided for in the Commercial Code.

Additionally, merchants are not allowed to restock during these commercial operations, unlike during promotions. They can only sell items that have been paid for and offered for at least one month before the start date of the sales. 

The exception to the rule is online shopping. Many sales have started already online due to the earlier start date in much of France, giving consumers a chance to grab deals from the comfort of their own homes.




Photo by Claudio Schwarz on Unsplash




Sign up to our newsletter
Previous articlePaul Mitchell: We will only part with players if there’s a big offer
Next articleMareterra: Monaco’s new property goldmine delivers ahead of schedule


Luke Entwistle

Often considered mutually exclusive elements, AS Monaco are the embodiment of the utopian idea that sales and success can go hand-in-hand.

Stephanie Horsman

With people from over 20 countries making up 35 teams competing in three different classes, the Monaco Energy Boat Challenge is taking the ideas of today to create a sustainable boating culture for tomorrow.

Stephanie Horsman

The Monte-Carlo Opera and the Prince’s Musicians are heading to Vienna after being invited for the first time to be part of the Rossini Mania Festival at the Vienna State Opera House.

Luke Entwistle

The Ligue 1 calendar for the 2022/23 season has been and Monaco Life takes a look at the stand-out fixtures, including a congested August schedule, which will include Champions League play-off matches.