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Vietnam and China Face Shifting Fortunes in Footwear

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China’s grip on the global footwear market seems to be loosening. World Footwear’s annual yearbook revealed that Vietnam has outpaced the world’s sourcing superpower when it comes to one critical category: textile footwear. For the first time in the yearbook’s 10-year history, China has fallen behind when it comes to producing shoes made with fabric…

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