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Article Date: May 2022
Word Count: 249

Survey: Footwear Prices Rising 8% in H2


Global footwear companies are expecting rising prices and pairs sold in the back half of 2022, according to World Footwear’s latest Business Conditions Survey conducted last month. The 108 industry figures surveyed expect an average price increase of 8% over the next six months, with Europe at the top of the range at 10%, and minimum of 6% in North America. Nine out of 10 respondents forecast price growth over the next six months, with 50% guiding “strong growth,” 35% “moderate growth,” and 5% “very strong growth.” The dissenting 10% came from North America and Asia, where 7% of those ... Log in to view full article.

 


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