The global shoe market is booming
17.12.2013 4716

The global shoe market is booming

The global shoe market is experiencing a real boom in consumption, said analyst at AForex financial company Narek Avakyan. In 2013, according to the expectations of industry participants, the volume of production will exceed 23 billion pairs, which in monetary terms amounts to over $ 900 billion.

According to the expert, even in the crisis year of 2009, production grew, which means that the world footwear market is highly stable from the external economic situation. Moreover, the main share of consumption in the structure of consumers is women (2/3 of the market). In the future, the market will continue its dynamic growth. In the next 3 years, the market volume may exceed 30 billion pairs.

The global footwear market is experiencing a real boom in consumption, said Narek, an analyst at the AForex financial company ...
5
1
Rating

Latest News

Summer trend – mesh, pearls and floral patterns in shoes

Bright mesh mules and ballet shoes embroidered with beaded flowers have returned to the collections of premium brands and shoe brands in the mass market segment for the Summer '24 season. On TikTok, you can find more than 13,5 million posts related to the term “Chinese...
18.06.2024 105

Birkenstock presented the “Eternal Sunshine” collection

The German shoe brand Birkenstock releases a collection called “Eternal Sunshine” (translated from English: “Eternal Sunshine”). Inspired by the energy of Los Angeles, it features sandals and the brand's signature cork mules...
18.06.2024 182

Munz Group launches multi-brand chain Salamander Store

The first multi-brand Salamander Store opened in Moscow, in the Kuntsevo Plaza shopping center. In addition to Salamander shoes, the retail assortment includes clothing and accessories, household goods, leathercare cosmetics, related products and shoes of such brands...
17.06.2024 215

Adidas Superstar sneakers transformed into dress shoes

The popular Adidas Superstar sneaker model has undergone a radical rethink. In the history of this couple over the 55 years of existence, there have been various transformations, but this time in the collaboration of Adidas with the Chinese street fashion brand Clot, the result was the most...
17.06.2024 320

Clarks parent company reports full-year net loss

The parent company of British shoe retailer Clarks suffered a net loss of £2023 million (€32,1 million) in 38,1, despite overall revenue growth. The results reflect weak demand: cautious consumers face high...
17.06.2024 279
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning