Shoe industry lifts gloom in Spain

28/09/2012
The Spanish footwear manufacturers’ association (FICE) has announced encouraging figures for the industry there for the first half of 2012.

In the first six months of the year, sales of Spanish shoes outside the European Union increased by 30% in volume and by 13% in value compared to the same period in 2011. Footwear imports into the country, which is in the grip of economic crisis, fell by 14.4% in volume and by 9.3% in value over the same period.

Spanish footwear firms shipped a total of 75 million pairs to markets outside Spain (including other European Union member states) in the January-June period, bringing in revenues of just over EUR 1 billion. This represents an overall export increase of 13.5% in volume and of 0.5% in value.

FICE has said it believes the figures show that consumers are putting strong emphasis on the quality of the products the buy in the current economic climate.