Highlights
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April dip in Brazilian footwear exports linked to sluggish US demand
Following a strong start to the year, Brazilian footwear exports slowed in April, as US buyers reduced orders due to high inventory levels resulting from stockpiling in late 2024
US Retail: bleak prospects amid growing uncertainty
The footwear retail sector is definitely underperforming, especially compared with clothing and accessories. The current trade war between the US and its trading partners is not helping consumers recover from last year’s inflationary crisis. Consumer confidence has fallen by almost 30% in the first four months of the year as people believe that shoe prices may rise significantly again. Against this backdrop, importers are at a standstill, trying to guess the best course of action. Uncertainty is the word that best describes the current situation in the sector