Taking into consideration that the consumption of footwear had a significant decrease in 2020, in the fourth edition of the World Footwear Business Conditions Survey, we’ve questioned the members of our expert panel about their expectations on the evolution of footwear consumption in 2021 when compared to 2020.
The most common answer was that they expect a “moderate growth”, between 1.5% and 5%, both at home and globally. Although this represents a positive view on the evolution of footwear consumption in the current year, more respondents expect a moderate fall than stabilization or strong growth.
Our projection, based on the answers of our panel of experts, is that consumption could grow by 2.8% in 2021. It is also expected that in 2022 footwear consumption might still be below its pre-pandemic levels.
Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has successfully concluded its 2026…
The Federal Government has unveiled FreeTV, a new free-to-air digital television platform designed to provide…
The FTC warned car dealer groups across America about hidden fees & misleading pricing. New…
Johannesburg, South Africa. 17 June 2026 – Ukiyo, a South African edutech and youth development…
Lagos, Nigeria — As part of its ongoing commitment to youth empowerment, financial inclusion, and…
Kenya layer farmers are experiencing lower-than-expected egg production, with industry experts attributing the decline largely to…
This website uses cookies.