Footwear in Vietnam - New Market Report
Footwear continued to experience healthy current value growth of 15% in 2012; yet, this growth was much lower than 2011, by up to nearly 10 percentage points. This slower growth was mainly due to the current economic downturn which negatively affected consumers' spending budgets for apparel, including clothing as well as footwear. However, the higher living standards and the increasing awareness of fashion and personal appearance continued to foster demand for footwear in Vietnam, which made...
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