The Italian shoemaker’s federation, ANCI, has reported a sizeable 5.7% decrease in the country’s footwear exports during the first 11 months of 2002. 

In value terms, exports were down 5.7% to Eur6.38 billion.  By volume, the fall was even greater, with 303 million pairs being sold abroad, 8.4% fewer than the year before. Predictably, the biggest slide was seen in Germany, where consumers spent 17% less on Italian shoes than they did the year before, to Eur1.01 billion.  The next-biggest fall was seen in the US, where sales were down 11.5% by volume and 13.05% by value.  However, exports to France, United Kingdom and Spain were all up.

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