Industry Analysis & Industry Trends
The Footwear Wholesaling industry has fully recovered from the recession. Improving economic conditions in the United States have propelled this industry out of the recession and redirected it toward its normal growth pattern. Falling unemployment, a strengthening dollar, an increase in per capita disposable income and higher shoe prices have helped preserve profit margins for industry operators, while fueling revenue growth in this industry. Consequently, demand for footwear in the United States has increased, which has helped footwear wholesalers pull themselves out of recession. Over the next five years, international trade in footwear is anticipated to grow. The Trans-Pacific Partnership is expected to increase footwear imports into the United States... purchase to read more
Industry Report - Industry Locations Chapter
Many wholesalers are located near footwear manufacturers, key suppliers to the industry, as well as shoe retailers. The industry establishment spread largely follows population patterns with the three most populous regions being home to the most wholesalers. However, geographic spread in this industry is becoming less important as consumers increasingly shop via the internet. Wholesalers are in danger of being marginalized as manufacturers initiate directly selling to consumers and retailers contract their own manufacturers to produce private label brands.
The West accounts for 36.8% of establishments, with California accounting for 32.9% of industry establishments. Many wholesalers are located in this region partly because major player Nike Inc... purchase to read more