Industry Analysis & Industry Trends
Despite the economic recovery, the industry is not forecast to show signs of consistent improvement for the five years to 2019. This is due to retailers' increasing price-setting powers pushing footwear wholesalers out of the industry. Furthermore, an increase in cheap imports will cut into domestic sales and wholesalers will be forced to slash prices and wages just to stay competitive, causing profit to suffer... purchase to read more
Industry Report - Starting a New Business Chapter
License agreements provide wholesalers with exclusive distribution of certain brands. Some wholesalers utilize trademarks on nearly all of their products. Penalties are imposed on the infringement of patents.
New entrants are faced with the long-term nature of supplier and customer relations. During the past five years, major department stores and specialty retailers have been increasingly sourcing products from suppliers who are well-capitalized or have established reputations for delivering quality merchandise in a timely manner. Wholesalers can also face high start-up costs to acquire stock and transportation. Acquiring stock can be expensive if supply contracts with low-cost third-party manufacturers are not in place... purchase to read more