New Market Study, "Footwear in Brazil", Has Been Published
Rising disposable income, especially amongst the lower- and middle-income classes, is still allowing consumers to increase their footwear purchases, mostly towards more added-value products. However, several economic factors impacted the performance of the market in 2013 including lower income growth, relatively high inflation rates and more credit restrictions. As a result, consumers have become more cautious about their spending, concentrating more on their needs and less on their desires as...
View full press release