Global footwear market is suffering a bit, also due to the Russian war on Ukraine
Shoe Intelligence reports that in 22.Q2, footwear stocks declined significantly in line with global markets. In this context, a research by "Confindustria Moda" shows that sales of Italian footwear are slowing down due to the war in Ukraine, because for 9% of exporters, Russia, Ukraine and Belarus accounted for more than half of their revenues, for 11% between 20 and 50% and for 20% between 10 and 20%. On the contrary, @WTPfootwear informs that the production of footwear in Spain, not ballasted by CIS customers, has recovered well in the same period of 2022
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