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China’s Footwear Market Share Tumbles 8.5% Amid $5B Category Step-Down

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U.S. footwear imports have fallen 25.9 percent in the first nine months of 2020 to a value of $14.53 billion compared to $19.61 billion in the same period last year, according to the Commerce Department’s Office of Textile & Apparel (OTEXA). Top supplier China has experienced the steepest decline, with shipments dropping a year-to-date 38.7…

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