BDSE, the German shoe retailers’ association, is predicting a major...

BDSE, the German shoe retailers’ association, is predicting a major increase in sales of footwear this year, after several years of decline and deflation. In December, German shoe retailers raised their sales by an estimated 5 percent in nominal terms and by 7 percent in real terms. That contributed to nearly flat sales for the full year in terms of value, with an increase in volume of about 1 percent.