Italy’s footwear segment slows: 148 million pairs in 2023 (-8.6%)

Italy’s footwear segment slows: 148 million pairs in 2023 (-8.6%)

Netting inflation, 2023 wasn’t a good year for Italy’s footwear segment and third-party manufacturing are continuing to support the segment. Production stopped at 148 million pairs, down 8.6% on 2022, effectively back to the levels of 2021 and far from the 179 million pairs made in 2019. Lower production has impacted the number of active…

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