Footwear Import Prices Rise, Pressure On US Retailers

In the first half of 2014, the import volume of footwear in the United States was basically the same as that in the same period in 2013, reflecting the cautiously optimistic outlook for shoe sales in the second half of 2014.

In the first half of this year, the average import price of footwear increased by 3.6%, so brands and retailers will continue to face profit pressure.

China is

The largest footwear supplier, but the market share has dropped to 80.2%, compared with 82.2% in 2013, with an average price increase of only 1.7%.

In the first half of 2014, the market share of Chinese leather shoes imported from the United States was 56.3%, compared with 58.6% in 2013.

This shows that compared with the same period in 2013, the number of leather shoes shipped from China to the United States in the first half of 2014 decreased by 1.5%.

It is clear that sales of leather shoes from other suppliers in the United States are increasing, with a growth rate of about 3% in the first half.

Vietnam's footwear sales to the United States continued to grow rapidly. Compared with the same period in 2013, it increased 16.1% in the first half of 2014 and increased by 18.5% in value.

But Vietnam has limited labor force and is hard to meet the needs of industrial expansion, not only in the footwear industry, but also in clothing.

The same problem is reflected in the field.

In addition, Vietnam's land is also very expensive, which is another factor hindering the development of the textile industry.

Meanwhile, imports of other leather goods and leather increased to around us $7 billion 400 million in the first half of this year, an increase of about 3.2% over the same period in 2013.

Among them, imports of clothing and leather goods amounted to $227 million, an increase of 4.2% over the same period last year, and the import of leather bags and accessories increased by 17% to 263 million US dollars.

WAL-MART, Taghit,

Other retailers have expressed great pressure on profits, because sales of imported goods have been rising and sales have been almost flat, resulting in poor sales for many consecutive quarters.

The leading footwear brands, such as Nike, Adidas and Skech, did well in the first half of this year, while Cage ranked first and sales increased by 37%.

Most of the non sports brand performance is good, the wholesale volume of Brown footwear industry is almost two digit growth, and Flynn also has good performance.