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Vietnam Crisis Threatens US Footwear Imports Growth

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

While production problems in Vietnam might not have shown up yet in import data, as it is a lagging indicator, U.S. footwear imports continue to rise considerably above last year’s levels when covid destroyed consumer demand. For the year to date through July, U.S. footwear imports climbed 31.3 percent compared to 2020 to 1.26 billion…

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