The Footwear Wholesaling industry in Australia has struggled over the five years through 2012-13. The fall in the price of shoes, increased activity by retailers to partake in wholesale bypass and shaky household demand for footwear due to the economic downturn have created a perfect storm for the industry. Over the past five years, profitability and revenue have suffered in line with either stagnation or contraction in other areas such as employment. Over the five years through 2012-13, industry revenue contracted by an annualised 1.0% to reach $2.07 billion. In the current year, industry revenue will contract by 2.6%.
Footwear wholesalers purchase footwear and sell it to retailers (e.g. department stores), generally with minimum or no further development of the items. Most wholesalers in the industry undertake sales and administrative activities, such as establishing relationships with manufacturers and retailers to ensure the reliable supply and demand of stock, marketing and advertising their products, and storage and transportation of stock.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.