As expected, the upcoming introduction of the euro has brought much new business to wallet sellers. As the euro notes are bigger in size than the litas notes they are replacing on 1 January, around 10-20 percent more wallets were bought in the first week of December 2014 compared with the same period of 2013.
© Shutterstock nuotr.

Christmas sales have only started and traders are expecting the biggest interest in the last days before the season holidays, reports.

According to Viktoras Kučevskis, director of UAB Victors Leather which manages online shop, trading picked up last week and sales have doubled compared to last year.

"People call up and ask if the euro fits in wallets, therefore we measure each wallet before it goes on sale at our online shop. We can hardly keep up," the businessman said. All of the interviewed traders told the daily Verslo Zinios that it was too soon to estimate the impact the euro would have on the demand of wallets as trading is the most intensive in the last weeks before Christmas.

It is forbidden to copy the text of this publication without a written permission from ELTA.
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Lithuania's budget gets EUR 4 mln of "nobody's money" after FNTT probes

4 million euros, officially recognized as having no owner, have been transferred to the state budget...

Lithuanian govt hopes papal visit will encourage religious tourism

Lithuania's government hopes the upcoming papal visit will encourage religious tourism in the country...

Lithuania ahead of Latvia, Poland, but behind Estonia on social progress index

The social environment in Lithuania is better than in Latvia and Poland, but worse than in Estonia,...

PM to invite European retailers to invest in Lithuania

Lithuanian Prime Minister Saulius Skvernelis says he plans to invite 12 European major retail chains...

Akmenė awaiting ground-shaking investment

Lithuania's northern district of Akmenė barely lags behind other cities in Šiauliai County in terms...