Industry Analysis & Industry Trends
The Footwear and Leather Goods Repair industry has struggled over the past five years, owing to the growing tendency for consumers to opt for replacement over repair. This prevailing trend of disposability has forced many small operators out of business, despite the improving economic climate. The rising availability of cheap and imitation leather products has also damaged the feasibility of traditional industry services. However, as disposable income has risen, some consumers have tended towards purchasing higher value, luxury leather goods. This has provided valuable, albeit limited, opportunities for participants specialising in the repairs of high-value goods, such as expensive handbags... purchase to read more
Industry Report - Industry Locations Chapter
The geographic distribution of establishments in the Footwear and Leather Goods Repair industry follows the geographic distribution of the population to a large extent. This is typical of service industries, which require immediate access to their customer base. The Footwear and Leather Goods Repair industry relies heavily on footfall and convenience, so high streets have proved the lifeblood of successful business.
Business locations have been skewed by the decisions of major company Timpson Group over the past five years. The company has expanded into locations off the high street to pick up on ever increasing footfall to supermarkets and other retail destinations. Therefore, business locations are beginning to map more closely with supermarket sites.
.. purchase to read more