15 June 2023
A new Leatherbiz Market Intelligence report went live on June 13. It makes the suggestion that, in the current climate of rising prices, there may be bargains available to buyers of shoes, furniture and other leather products.
For some time now, the leather products supply chain has been burdened with too much stock, the report says. Brands and retailers are trying to boost sales with discounts, but keeping the price reductions within limits.
“If consumers who need to buy products today and can afford to be a little flexible, they have opportunities, at a time when the cost of living in general has increased sharply, to buy clothing, shoes and furniture at very large discounts,” it concludes.