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Low shoe market trend continued consolidation period or until 2017
Former President of the American Association of wholesalers and retailers of footwear PeterT.Mangione said shoes footwear market share of more and more low parts, showing the trend continued to drop.
Mangione said that two factors affect shoe market development. One is the rise in raw material costs, as prices continued to rise in raw leather, leather shoes will decline. Another is that the consumption trends, since the fiber shoes are lighter than leather shoes, present, sports, fashion shoes, leather raw material is no longer used, the compression of the shoes market space.
2017, shoes market will remain in a consolidation adjustment phase.