Downstream
29.08.2012 2434

Downstream

287 largest shoe manufacturers announced a drop in sales

Of the 450 of the world's largest shoe manufacturers, 125 assesses the situation in their company as dangerous from the point of view of prospects, 76 are ready to sell the business, 99 recorded losses before tax and 287 reported a drop in sales. But 139 companies forecast a profit above 10% based on the results of 2012.

These are the results of a study by the Irish company Plimsoll.

According to IBISWorld, in 2012 footwear trade will grow by 2,2%, $ 122.9 billion, footwear production will remain almost at the same level, having increased by 1%.

63% of the total produced in 2012 will be in China, this is 40,5% of all world exports and 55% of all profits. It is expected that by the end of this year, shoe exports from China will slow down, as demand in the US and Europe, where the lion's share of Chinese shoes are supplied, is stabilizing.

Wage growth in China's shoe industry opens up new opportunities for other countries in Asia, Africa and the Middle East.

According to BISWorld forecasts, the fastest growing demand for shoes in India, China and Russia. At the same time, the biggest demand will continue for mass-market shoes. Based on materials from the site analpa.ru.

287 of the largest shoe manufacturers reported a drop in sales Of the 450 of the world's largest shoe manufacturers, 125 assess the situation in their company as dangerous in terms of prospects, 76 are ready ...
5
1
Rating

Latest News

Ronnie Fieg turned Clarks loafers into sandals

The ongoing collaboration between Clarks and Kith sees the British moccasin brand launch two new sandal styles for spring/summer 2024. The new Ridgevale and Brixham silhouettes are available in four colourways...
20.05.2024 23

Chinese children's clothing and footwear brand Balabala opens stores in Russia

The first store in Russia of the Chinese brand of children's clothing and shoes Balabala opened in St. Petersburg, in the Galereya shopping center. It is planned to open Balabala branded stores in Moscow by the end of 2024, writes...
20.05.2024 46

Interest in retail real estate in residential areas is growing in St. Petersburg

According to NF Group in St. Petersburg, optimal occupancy of commercial space in business class residential complexes is achieved two years after the building is commissioned…
19.05.2024 54

Street Beat opened a third store in Krasnodar

A new store of the multi-brand sports clothing and footwear network Street Beat opened in Krasnodar, in the Oz Mall shopping and entertainment complex. It became the third Street Beat store in the city and the 65th store in the retail chain. In 2024, the retail owner, Inventive Retail...
17.05.2024 315

New Wales Bonner x adidas collaboration coming out

London-based designer Grace Wallace Bonner has once again taken a hand in transforming the iconic silhouette of the German Adidas brand's Samba sneakers. The latest Wales Bonner x adidas collaboration will feature two new sneaker silhouettes and a new version...
17.05.2024 456
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning