20 October 2021

United States of America - Footwear prices rise at fastest rate in 20 years

Shoe prices in the U.S. increased by 6.5% in September, compared with the previous year, according to the latest data from the Bureau of Labor Statistics, writes ILM.

 

 

Prices in the women’s category rose 4.9%, while costs for children’s shoes jumped 11.9% and men’s increased by 5.5%. Overall consumer prices rose 5.4% in the U.S. in September.

 

The Footwear Distributors and Retailers of America (FDRA) noted that consumers in the U.S. are seeing the fastest increase in shoe prices in more than 20 years, putting the growth down to higher retail wages and increased import charges and duties.
Footwear import charges rose to US$146.3 million in August, increasing year-on-year for the seventh month in a row, while duties rose for the sixth straight month to US$320.6 million.

 

According to Cowen analysts, another concern for shoppers is a lack of production, with global shortages of rubber and plastic as well as lockdowns in China, Malaysia and Vietnam resulting in companies sitting on millions of dollars of unfinished inventory. 

關於亞太區皮革展 ​

我們為皮革、物料及時裝業界創造面對面洽談的機會,爲客戶締造實質商機。我們雲集世界各地的商家,讓他們尋找新的合作伙伴,發掘潛在客戶或供應商,並掌握業界最新發展。   我們主辦多個專注時尚及生活潮流的商貿展覽會, 為這不斷變化的行業,提供最全面的買家及參展商服務,方便他們了解急速轉變的行業環境,並預測來季趨勢。

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