A NIKE ALPHAFLY for 310€ or an ASICS GEL-NIMBUS for 200€, running shoes have never been so expensive. But why are the prices of these shoes exploding? Inflation contributes to price increases. Are running footwear brands cushioning price increases? No, everything falls on the sporty users of running shoes. [Pourquoi les prix des chaussures de running explosent ? - Dans la Tête d'un Coureur]
Footwear prices were up 4.6% in 2022, but there could be relief on the way for consumers. Prices continued to fall in December as inflation shows more signs of waning. Footwear retail price increases also slowed in December, and were up 0.8% compared to last December, the slowest growth in 21 months, FN reports.
Overall, inflation in the US cooled in December, Thursday's numbers show, with consumer price data falling. [Inflation Is Turning the Corner – WSJ]
It’s too soon to say whether the Federal Reserve’s efforts to reduce inflation will lead to a recession; however, continuing interest rate hikes increase the likeliness, according to the National Retail Federation’s (NRF) Chief Economist Jack Kleinhenz in the January Issue of the NRF’s Monthly Economic Review. [NRF Economist Sees Balance Between Inflation And Interest Rates Key To Avoiding Recession – FDRA]
Inflation across Europe may have peaked. Price rises in France, Germany, and Switzerland all unexpectedly slowed in December, driven in part by lower energy prices, while inflation in the eurozone is expected to drop below 10% when new figures are released on Friday. [German Inflation Slowed ... - French Inflation Unexpectedly Slows... - Swiss Inflation Slows… - bloomberg]
How has the leather industry dealt with French Covid-19? What are the challenges that have emerged? How is the sector adapting to high inflation and changing consumption? So many issues on which the "DOSSIER ÉCONIMIQUE DE FILIÈRE FRANÇAISE DU CUIR POUR L'ANNÉE 2022" of the Observatoire Economique du Conseil National du Cuir (CNC), invites us to think.
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