Iran-Israel conflict: what we know about the events of the night after the explosions in Isfahan
Sydney: Assyrian bishop stabbed, conservative TikToker outspoken on Islam
Torrential rains in Dubai: “The event is so intense that we cannot find analogues in our databases”
Rishi Sunak wants a tobacco-free UK
Alert on the return of whooping cough, a dangerous respiratory infection for babies
Can relaxation, sophrology and meditation help with insomnia?
WHO concerned about spread of H5N1 avian flu to new species, including humans
New generation mosquito nets prove much more effective against malaria
The A13 motorway closed in both directions for an “indefinite period” between Paris and Normandy
The commitment to reduce taxes of 2 billion euros for households “will be kept”, assures Gabriel Attal
Unemployment insurance: Gabriel Attal leans more towards a tightening of affiliation conditions
“Shrinkflation”: soon posters on shelves to alert consumers
The restored first part of Abel Gance's Napoléon presented at Cannes Classics
Sting and Deep Purple once again on the bill at the next Montreux Jazz Festival
Rachida Dati: one hundred days of Culture on the credo of anti-elitism
The unbearable wait for Marlène Schiappa’s next masterpiece
Skoda Kodiaq 2024: a 'beast' plug-in hybrid SUV
Tesla launches a new Model Y with 600 km of autonomy at a "more accessible price"
The 10 best-selling cars in March 2024 in Spain: sales fall due to Easter
A private jet company buys more than 100 flying cars
This is how housing prices have changed in Spain in the last decade
The home mortgage firm drops 10% in January and interest soars to 3.46%
The jewel of the Rocío de Nagüeles urbanization: a dream villa in Marbella
Rental prices grow by 7.3% in February: where does it go up and where does it go down?
With the promise of a “real burst of authority”, Gabriel Attal provokes the ire of the opposition
Europeans: the schedule of debates to follow between now and June 9
Europeans: “In France, there is a left and there is a right,” assures Bellamy
During the night of the economy, the right points out the budgetary flaws of the macronie
These French cities that will boycott the World Cup in Qatar
Champions League: France out of the race for 5th qualifying place
Ligue 1: at what time and on which channel to watch Nantes-Rennes?
Marseille-Benfica: 2.99 million viewers watching OM’s victory on M6
Cycling: Cofidis continues its professional adventure until 2028
The slump in consumption in Germany is leaving deeper and deeper marks in the German shoe trade. More than every tenth shoe shop closed its doors forever last year, said the general manager of the trade association Textile Shoes Leather Goods (BTE), Rolf Pangels, on the occasion of the "Shoes" trade fair in Düsseldorf on Monday. Overall, according to calculations by the association, the number of shoe shops fell by 1,500 or 13 percent to around 10,000 within a year. Pangels warned that the closures could make inner cities less attractive, especially in small and medium-sized municipalities.
The industry is also approaching the current year with a good deal of skepticism. According to a current industry survey by BTE, more than two thirds of shoe retailers want to reduce their orders from the shoe industry for the coming autumn/winter season. Only every tenth retailer wants to order more goods.
A problem in the industry: According to Pangels, the prices for shoes are likely to rise by five to ten percent this year as well. It remains to be seen how this will affect demand, said the industry expert.
According to calculations by the BTE, sales in the shoe trade increased by almost ten percent to a total of 11.5 billion euros compared to 2021, which was still characterized by corona lockdowns. Compared to the pre-pandemic level, however, there was still a minus of around 2.5 percent. While stationary shoe retail was able to increase its sales by around 26 percent in 2022, online retail lost around 19 percent of its sales, which had risen sharply during the Corona phase.
The German shoe industry increased its total sales last year by nine percent to almost 2.2 billion euros. Adjusted for inflation, business is only slightly up, said Manfred Junkert, Managing Director of the Federal Association of the Shoe and Leather Goods Industry (HDS/L).
Most of the shoes sold in Germany were also produced in Asia last year. The total value of shoes imported from China alone rose by 44 percent to 3.9 billion euros in 2022. The value of the shoes imported from Vietnam even increased by more than 58 percent to 2.7 billion euros.
"Everything on shares" is the daily stock exchange shot from the WELT business editorial team. Every morning from 7 a.m. with our financial journalists. For stock market experts and beginners. Subscribe to the podcast on Spotify, Apple Podcast, Amazon Music and Deezer. Or directly via RSS feed.
