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Industry News

FDRA Q4 Exec Survey Finds Supply Chain Concerns

Source:CHINA SPORTING GOODS FEDERATIONRelease time:2021-11-25Clicks:
Article From:SGB Media
FDRA Q4 Survey of the Top 100 shoe executives shows supply chain challenges and trade policy have caused a direct drag on future retail sales forecasts.
Key takeaways include:
A 20 percent decrease in shoe sales growth expectations by executives for Q1 and Q2 2022 compared to last quarter’s survey;
67 percent reported production and supply chain costs is the biggest issue their companies will deal with over the next six months, a share that has risen for the third straight quarter; and
Nearly 90 percent of respondents expect shoe retail prices to continue to increase over the next six months.
To read the survey results, go here.

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