Sales figures released by the German shoe industry have revealed that trends in the shoe industry were very volatile in the first six months of 2004. 

Sales fell by 2.7% in the first six months of 2004, from €1.50 billion ($1.82 billion) to €1.46 billion, said Dieter Rührschneck, chairman of the German shoe industry Association (Hauptverband der Deutschen Schuhindustrie). On a positive note, domestic sales increased by €1.04 billion to €1.05 billion (+1 %).  However, the industry has had to absorb a loss €409 million.

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