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Efforts of Wenzhou shoes cos reap rosy results
25
Jul '08
Wenzhou footwear industry has reported a rapid gain in the domestic sales of autumn shoes, with highest growth rate reaching upto 50 percent. The unit prices have also hiked.

Experts say that this was the result of recent campaigns and meets that Wenzhou organized all over China.

For instance, Ritai Group said, the autumn shoe orders from some provinces of China this year have increased 30-50 percent as compared to that in 2007. Besides, the unit prices have also recorded a climb of 10-15 percent.

Reportedly the business in Zhengzhou city was poor for most of the small shoe enterprises of Wenzhou. However, bigger brands like Red Dragonfly and Aokang Group are doing well.

Fibre2fashion News Desk - China

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