Shoe Production Set for Cross-Border Trek as China’s Labor Costs Rise

Shoe Production Set for Cross-Border Trek as China’s Labor Costs Rise

The US footwear market is heavily dependent on Chinese sourcing; as of 2018, the country accounted for 53% of all footwear imports. While this makes China the largest provider of footwear to the US, China’s market share has been falling from a 2010 peak of 76%.