Shoe Sales Expected to See Upswing in Mid-Late 2021

Category: Hide & Leather

Shoe Sales Expected to See Upswing in Mid-Late 2021

Alexandra Watts | 02.03.2021

Upholstery demand continues to bring hide interest, but bids are lower than the last traded levels at this point in the week. The inability to ship product quickly is pressuring current prices lower. Footwear hide demand is relatively unchanged, with depressed interest and prices. Some Chinese tanneries are now offering resale hides at economically attractive prices, but a number of buyers remain uninterested because of their sufficient existing inventories. 

US retail shoe sales figures were released by the Federal Reserve Economic Data (FRED) for...

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