Footwear sales rose by 4% in 2023 in Germany while 15% of stores closed

German Bundestag

Source: Maheshkumar Painam, Unsplash

Footwear retail sales in Germany increased in 2023 by approximately 4 percent, or €480 million, to €11.6 billion (including VAT), despite a few spectacular bankruptcies, estimates from the country’s textile, shoes and leather goods trade association, BTE, showed.

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