Russia’s footwear imports collapse in the first 4 months, as sales drop by 30%. Outstanding stocks weigh stores down

In the first 4 months of 2019 Russia’s footwear imports have been literally slumping, therefore decreasing by nearly one third in terms of value. In fact, looking at preliminary data, provided by the Federal Service of Russia’s Customs, from January to April imports from countries out of the CSI dropped by 30.4% on annual basis….