Women’s shoes ’save’ US retailers from credit crunch

While America furrowed its brow over the increasing woes of the sub-prime mortgage sector over August, retailers showed little sign of a slowdown thanks to the sales of luxury clothing and footwear, according to Footwear News.

Luxury department stores such as Saks and Nordstrom performed surprisingly well in August, with an 18.2 per cent monthly increase being attributed by the company to buoyant sales of women’s shoes, as well as handbags, designer apparel and fine jewellery.

A late surge in back-to-school sales was reported to be behind the overall resilience of retail sales, with August’s trends showing that footwear is among the products of most durable appeal.

The UK retail market was also buoyant in August the return of the sun helping to bring eager shoppers out of their homes and into department stores and supermarkets.

Shopping then seems to rarely go out of fashion, with continually innovating footwear providers helping to draw customers to town centres where they will find the latest models.

Fitness footwear stocks a wide range of shoes for all occasions, including extensive selections of styling sandals for women from Birkenstock and Teva.

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