Paris shops' sales were down 30-50% or more in the December holiday period, when many earn a large share of their annual income, according to the French Federation of small retailers.
Although central Paris has felt the most pain, signs of the potential strain for the broader economy in France are starting to emerge as tourists opt for other destinations, consumers avoid shops and people struggle to get to work.
Nigel Cabourn: Creator of Legendary Heritage Brands
(mouse over the video to adjust the volume)