German Perspective - 13.10.20
What happened this week: The first week of October has ended. Winter is coming and people have to check they have what they need for cold and rainy weather. This usually triggers an uptick in consumption of shoes and apparel. Also the upholstery industry favours this time of the year when the people change from outside activities to more stay-at-home attitudes. With the pandemic, nobody knows really how consumers are going to react in 2020. Upholstery leather seems to be taking advantage already, but what it means to the shoe sector is still totally unclear. The same applies to leather accessories.