Germany: footwear industry improves results in 2001
Germany’s footwear industry association, HDS has released figures for 2001 showing a 9.6% increase in exports to DM 1.67 billion. In terms of production, the good growth in exports counteracted the weakness in the domestic market where sales fell 2.7% to DM 4.28 billion. Imports overall fell 4.1% to 314.6 million pairs while footwear produced in Germany accounted for 34 million pairs. According to the HDS, there are some 133 factories producing footwear in Germany, employing around 16,500 people.