Shoes will rise in price by 10%
29.01.2014 5740

Shoes will rise in price by 10%

The exchange rate of the Russian currency continues to decline. Over the past year, the ruble has fallen in price by more than 10%, and in the 2014 year it could lose even as much due to increased demand for the dollar and the euro.

All this will lead to higher prices for imported goods, experts say at 5-10%. The possible sending of the ruble exchange rate by the Central Bank for free floating, planned from 2015 of the year, practically guarantees a price increase.

Among other things, imported footwear will rise in price, Natalya Demidova, Director General of the National Shoe Union, is sure. "At the same time, there is no direct dependence. In addition to the change in the ruble exchange rate, analysts are studying the domestic market from the point of view of the consumer's solvency. Therefore, one should not expect a serious rise in prices, it will most likely be within the average annual dynamics of the national currency rate," she is sure ...

According to Demidova, the spring-summer collection was ordered six months in advance. And within the first six months of 2014, it is unlikely to seriously rise in price. But the next collection (autumn-winter) may already be more expensive. “It is quite possible that we will have to go into a lower price niche, but without serious losses in the quality of shoes. Internal reserves will be sought,” she suggested.

The Russian currency continues to decline. Over the past year, the ruble has fallen in price by more than 10%, and in 2014 it may lose the same amount due to an increase in demand for the dollar and ...

Latest News

Istanbul hosts the 67th Aymod International Footwear Fair

The world's second largest international exhibition of footwear and accessories Aymod takes place in Istanbul from September 28 to October 1, 2022. 67 companies are participating in the 428th session of Aymod. About 7000 have already registered at the exhibition…
30.09.2022 209

Wildberries will pay entrepreneurs a bonus for the growth of orders

The Russian online retailer Wildberries is running a price containment program under which entrepreneurs who list their products on the online platform and provide discounts on their products will receive financial…
29.09.2022 296

By the end of the year, more than 300 sq. m of warehouses

According to Nikoliers, construction of 146 sq. m. has been completed in St. Petersburg since the beginning of the year. m warehouses. Contrary to expectations, developers continue to implement projects, as well as launch the construction of previously announced complexes. By…
29.09.2022 284

Mexico ramps up shoe exports amid US-China trade war

According to the results of the year, the growth of footwear exports in Mexico may amount to more than 50% and reach by the end of 2002 the volume from 32 million to 35 million pairs. This forecast was given by the President of the Chamber of the footwear industry of Guanajuato (CICEG) Alfredo ...
29.09.2022 995

Dior presented "high" strappy sandals at Paris Fashion Week

Floral print and an endless number of shin straps are the new style of Dior shoes, showcased in the brand's spring-summer 2023 collection at Paris Fashion Week. Strappy sandals come with fine mesh knee socks in black and…
28.09.2022 459
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning