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 - 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