The branded rugged outdoor footwear market grew by only 7.4 percent around the world last year - at wholesale and in terms of dollars - reaching $4,266 million, according to our estimates - a nice performance. It did not increase by 9.2 percent, as we had erroneously reported in the Aug. 4 issue of The Outdoor Industry Compass.
The market increased by 4.7 percent to $1,719 million in the U.S., as we had reported, but grew only by 9.4 percent outside the U.S. to $2,547 million, and this was partly due to the 3.3 percent appreciation of the euro against the dollar. We are sorry about this mistake, which was due to a dot that we had erroneously inserted into the figure given for Scarpa's sales outside the U.S. in 2012. All the other figures are apparently correct.
For your convenience, we are publishing the corrected version of the chart.
Click here to download the chart