New report puts global consumer spending on shoes at more than $120 billion
08/06/2012
A new report from US-based market research firm IBISWorld says consumer spending on footwear across the globe in 2012 will be $122.9 billion, compared to $107.4 billion in 2007. The report’s main author, analyst Alen Allday, argues that annualised growth of 2.7% across the last five years is a good performance, bearing in mind the downturn in...