The global footwear market is on track to register a 22% decline in 2020, according to the chief executive of footwear technology provider Desma, Christian Decker. Report by Leatherbiz
Speaking on November 23 at an online event called Safety Footwear Revolution Week, Mr Decker said lower retail activity as a result of covid-19 had led to a substantial step down from 2019 figures, when the global shoe market reached almost 22.75 billion pairs. His figures suggested a fall of 22% of this total, or 5 billion pairs, taking the market back to the levels of 10 or even 15 years ago.
Ro read the rest of this report, clock on Leatherbiz - Footwear