The price of sneakers can rise by 20%
15.10.2014 6379

The price of sneakers can rise by 20%

Following the Ministry of Economic Development, the Central Bank began to develop a shock scenario for the development of the Russian economy. True, the Central Bank is going to put in its forecast a truly shock price - $ 60. The reaction of the main economic indicators to it is still unknown. According to the consensus forecast of eight investment banks, the ruble in this case will depreciate by about 20% - up to 48,4 rubles / dollar.

At this rate, prices for consumer goods, in particular, for sports shoes, according to experts, will rise by 10–20%. Such a scenario will certainly be disastrous for Russian business, says Tikhon Smykov, CEO of Inventive Retail Group. “Ruble prices will react with a lag of at least three months, demand will decrease significantly, rental costs, often denominated in dollars or euros, will soar, many retailers and developers will go bankrupt,” he predicts. If the dollar rises to 48 rubles, then Nike sneakers popular among young people, for example, which now cost an average of 4,5 thousand rubles, will rise in price by 10-20% - up to 5-5,5 thousand, believes Daria Yadernaya, managing director Esper Group. But if the rate rises in the near future, she clarified.

Following the Ministry of Economic Development, the Central Bank began to develop a shock scenario for the development of the Russian economy. True, the Central Bank is going to put in its forecast a truly shock price - 60 dollars ...
5
1
Rating

Latest News

The turnover of counterfeit branded sneakers in Russia exceeds 40 billion rubles.

The results of the second analytical study assessing counterfeit products in the athletic footwear segment have been released for the last quarter. Earlier this year, a study by the ANO "NNTsK" determined the share of counterfeit products in the athletic footwear market…
13.03.2026 200

Boot Design Trends for Fall/Winter 26

The recent Paris Fashion Week set the trends in boot design for the Fall/Winter 26 season.
13.03.2026 271

The APLF Leather & Materials 2026 International Leather Fair opened today in Hong Kong.

The largest international leather exhibition, APLF Leather & Materials 2026, is taking place in Hong Kong from March 12 to 14. It brings together suppliers of leather, materials, and components for the production of footwear, bags, and other leather goods…
12.03.2026 326

Saint Laurent is bringing back the see-through shoe trend for Fall '26.

Anthony Vaccarello's latest collection featured a plethora of clear, pointed-toe pumps. Elongated pumps are a signature piece for Saint Laurent, often featured on celebrity outfits in red…
12.03.2026

The highlight of the new Loewe collection are rubber shoes with a small heel.

At Paris Fashion Week, Loewe's creative directors, Jack McCollough and Lazaro Hernandez, presented the brand's Fall/Winter 2026 collection, which included a rather unusual model of athletic footwear – rubber shoes with a small…
11.03.2026 482
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning