News

Optimistic outlook for UK footwear industry

18/07/2007

A new report has been released by Dublin-based research company Research and Markets, ‘Footwear Market Report Plus 2007’, setting out a detailed analysis of the UK footwear sector.

The study analyses the slowdown in the market seen in 2005 and provides estimates for 2006, which show a slight fall in the market value to £5.6 billion. This represents 0.7% of total consumer spending, whereas consumers spent 1% of their household budgets on footwear as recently as the 1990s.

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