The global footwear market is booming
31.01.2014 4517

The global footwear market is booming

Due to abnormal frosts in the USA and rains in Europe, the global shoe market continues to boom, reports analyst at AForex financial company Narek Avakyan.

In January, according to the expectations of market players, sales will exceed 22 billion dollars, which is an absolute record. On the whole, over the 2013 year, the market volume increased by more than 15%, with a general slowdown in global economic growth to 2,4%. In the future, we can expect a slight decrease in market growth, but in the next five years the dynamics is unlikely to be lower than 10% per annum, the expert believes.

Due to abnormal frosts in the USA and rains in Europe, the global footwear market continues to boom, reports Narek, an analyst at AForex financial company ...
5
1
Rating

Latest News

The Pitas brand presented its new Fall-Winter 2026 collection in Madrid.

A diverse collection featuring signature Pitas moccasins in a variety of styles—insulated, sherpa- and faux-fur-lined, more versatile, summer-to-early-autumn options—with a leather upper.
04.12.2025 206

Wortmann invests €100 million in Tamaris brand promotion

The German Wortmann Group has allocated €100 million to increase consumer interest in the Tamaris brand and boost sales. The budget will primarily focus on enhancing brand awareness and its relevance in retail. In 2012…
03.12.2025 351

Puma opens flagship in London

The Oxford Street store has become Puma's largest flagship store in Europe. It covers 2220 square meters and is located near Selfridges and Bond Street tube station. The store showcases key Puma innovations, such as…
02.12.2025 537

Street Beat expands its presence in Moscow and St. Petersburg

Street Beat, a chain of multi-brand sportswear and footwear stores, has opened two new locations in Moscow and St. Petersburg.
02.12.2025 571

Registration for Euro Shoes 2026 is open!

The Euro Shoes premiere collection awaits you at the premium venue, the WTC Congress Center in Moscow, from March 4 to 7, 2026.
01.12.2025 620
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning