The 2000-2005 World Outlook for Footwear

www.icongroupedition.com 2002 Icon Group Ltd.

The 2000-2005 World Outlook for Footwear

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About Icon Group Ltd.

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Table of Contents 1 INTRODUCTION 9

1.1 Overview 9 1.2 Market Potential Estimation Methodology 9 1.3 The Worldwide Market Potential for Footwear 11

2 AFRICA: FOOTWEAR 12 2.1 Executive Summary 12 2.2 Algeria 14 2.3 Angola 14 2.4 Benin 15 2.5 Botswana 15 2.6 Burkina Faso 16 2.7 Burundi 16 2.8 Cameroon 17 2.9 Cape Verde 17 2.10 Central African Republic 18 2.11 Chad 18 2.12 Comoros 19 2.13 Congo (formerly Zaire) 19 2.14 Djibouti 20 2.15 Egypt 20 2.16 Equatorial Guinea 21 2.17 Eritrea 21 2.18 Ethiopia 22 2.19 Gabon 22 2.20 Ghana 23 2.21 Guinea 23 2.22 Guinea-Bissau 24 2.23 Ivory coast 24 2.24 Kenya 25 2.25 Lesotho 25 2.26 Liberia 26 2.27 Libya 26 2.28 Madagascar 27 2.29 Malawi 27 2.30 Mali 28 2.31 Mauritania 28 2.32 Mauritius 29 2.33 Morocco 29 2.34 Mozambique 30 2.35 Namibia 30 2.36 Niger 31 2.37 Nigeria 31

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2.38 Republic of Congo 32 2.39 Rwanda 32 2.40 Sao Tome E Principe 33 2.41 Senegal 33 2.42 Sierra Leone 34 2.43 Somalia 34 2.44 South Africa 35 2.45 Sudan 35 2.46 Swaziland 36 2.47 Tanzania 36 2.48 The Gambia 37 2.49 Togo 37 2.50 Tunisia 38 2.51 Uganda 38 2.52 Zambia 39 2.53 Zimbabwe 39

3 ASIA: FOOTWEAR 40 3.1 Executive Summary 40 3.2 Bangladesh 42 3.3 Bhutan 42 3.4 Brunei 43 3.5 Burma 43 3.6 Cambodia 44 3.7 China 44 3.8 Hong Kong 45 3.9 India 45 3.10 Indonesia 46 3.11 Japan 46 3.12 Laos 47 3.13 Macau 47 3.14 Malaysia 48 3.15 Maldives 48 3.16 Mongolia 49 3.17 Nepal 49 3.18 North Korea 50 3.19 Papua New Guinea 50 3.20 Philippines 51 3.21 Seychelles 51 3.22 Singapore 52 3.23 South Korea 52 3.24 Sri Lanka 53 3.25 Taiwan 53 3.26 Thailand 54 3.27 Vietnam 54

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4 EUROPE: FOOTWEAR 55 4.1 Executive Summary 55 4.2 Albania 57 4.3 Andorra 57 4.4 Austria 58 4.5 Belarus 58 4.6 Belgium 59 4.7 Bosnia and Herzegovina 59 4.8 Bulgaria 60 4.9 Croatia 60 4.10 Cyprus 61 4.11 Czech Republic 61 4.12 Denmark 62 4.13 Estonia 62 4.14 Finland 63 4.15 France 63 4.16 Georgia 64 4.17 Germany 64 4.18 Greece 65 4.19 Hungary 65 4.20 Iceland 66 4.21 Ireland 66 4.22 Italy 67 4.23 Kazakhstan 67 4.24 Latvia 68 4.25 Liechtenstein 68 4.26 Lithuania 69 4.27 Luxembourg 69 4.28 Macedonia 70 4.29 Malta 70 4.30 Moldova 71 4.31 Monaco 71 4.32 Netherlands 72 4.33 Norway 72 4.34 Poland 73 4.35 Portugal 73 4.36 Romania 74 4.37 Russia 74 4.38 Serbia and Montenegro 75 4.39 Slovakia 75 4.40 Slovenia 76 4.41 Spain 76 4.42 Sweden 77 4.43 Switzerland 77

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4.44 Ukraine 78 4.45 United Kingdom 78

5 LATIN AMERICA: FOOTWEAR 79 5.1 Executive Summary 79 5.2 Argentina 80 5.3 Belize 81 5.4 Bolivia 81 5.5 Brazil 82 5.6 Chile 82 5.7 Colombia 83 5.8 Costa Rica 83 5.9 Ecuador 84 5.10 El Salvador 84 5.11 Guatemala 85 5.12 Guyana 85 5.13 Honduras 86 5.14 Mexico 86 5.15 Nicaragua 87 5.16 Panama 87 5.17 Paraguay 88 5.18 Peru 88 5.19 Suriname 89 5.20 Uruguay 89 5.21 Venezuela 90

6 NORTH AMERICA & THE CARIBBEAN: FOOTWEAR 91 6.1 Executive Summary 91 6.2 Antigua and Barbuda 93 6.3 Bahamas 93 6.4 Barbados 94 6.5 Bermuda 94 6.6 Canada 95 6.7 Cuba 95 6.8 Dominica 96 6.9 Dominican Republic 96 6.10 Grenada 97 6.11 Haiti 97 6.12 Jamaica 98 6.13 Martinique 98 6.14 Netherlands Antilles 99 6.15 St. Kitts and Nevis 99 6.16 St. Lucia 100 6.17 St. Vincent and the Grenadines 100 6.18 Trinidad and Tobago 101

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6.19 United States 101 7 OCEANA: FOOTWEAR 102

7.1 Executive Summary 102 7.2 American Samoa 103 7.3 Australia 104 7.4 Fiji 104 7.5 Kiribati 105 7.6 Marshall Islands 105 7.7 Micronesia Federation 106 7.8 Nauru 106 7.9 New Zealand 107 7.10 Palau 107 7.11 Solomon Islands 108 7.12 Tonga 108 7.13 Tuvalu 109 7.14 Vanuatu 109

8 THE MIDDLE EAST: FOOTWEAR 110 8.1 Executive Summary 110 8.2 Afghanistan 112 8.3 Armenia 112 8.4 Azerbaijan 113 8.5 Bahrain 113 8.6 Iran 114 8.7 Iraq 114 8.8 Israel 115 8.9 Jordan 115 8.10 Kuwait 116 8.11 Kyrgyzstan 116 8.12 Lebanon 117 8.13 Oman 117 8.14 Pakistan 118 8.15 Qatar 118 8.16 Saudi Arabia 119 8.17 Syrian Arab Republic 119 8.18 Tajikistan 120 8.19 Turkey 120 8.20 Turkmenistan 121 8.21 United Arab Emirates 121 8.22 Uzbekistan 122 8.23 Yemen 122

9 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 123 9.1 Disclaimers & Safe Harbor 123 9.2 Icon Group Ltd. User Agreement Provisions 124

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1 INTRODUCTION

1.1 OVERVIEW The liberalization of markets has lead to record levels of international investments. Icon Group’s primary mission is to assist international managers to better plan and implement strategies in a global economy. It does so by providing various specialized industry reports, databases, publications and services to its clients. This report is one of many published by Icon Group Ltd. to assist executives and planners in monitoring and analyzing world markets. In addition to industry-specific studies, Icon Group Ltd.’s reports cover human resources management, export strategies, investment strategies, entry & marketing strategies, political and economic risk assessments and legal trends (e.g., intellectual property, licensing, and corruption). This report covers the world outlook for footwear across 235 countries. For each year reported, the estimates are given for the latent demand for the country in question. Icon Group uses a number of proprietary econometric models which project economic changes within each country and across countries. From there, market potential estimates are created. The units used in this report are: million US $. As shown in the report, the market potential for footwear is expected to reach $206,773.48 million by 2005. The distribution of the world market, however, will not be evenly distributed across regions. Europe will be the largest market with $63,982.44 million or 30.94 percent, followed by North America & the Caribbean with $45,651.07 million or 22.08 percent, and then Asia with $42,808.39 million or 20.70 percent of the world market. In essence, if a firm targets these top 3 regions, they cover come 73.72 percent of the world wide demand for footwear.

1.2 MARKET POTENTIAL ESTIMATION METHODOLOGY Icon Group uses a number of methodologies to create market potential estimates for products and services across markets, whether at the level of a region, country, or city. In this report, two modelling approaches are used. The first involves modelling the economic fundamentals of each market over time. This is based on standard models of economic growth (e.g. focussing on growth of income, or gross domestic product per capita). The second approach is more subtle. The second approach involves collecting information on the market size or market potential for the particular product or service in question, typically in national currency, and translating these into a common currency. Icon Group uses the U.S. dollar as its common currency across markets. For some categories and markets, basic demand indicators are reported in national statistics, as is mostly the case for the United States and other developed markets. In most of the world’s 230 countries, however, few statistics are available. For these, Icon Group uses econometric models to estimate these markets, and forecast these over time. As true for all

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forward-looking economic forecasts, certain critical assumptions must be made. Two types of assumptions are made for the models used in this report. The first type covers the socio-economic and global environment. In essence, Icon Group assumes that dynamics seen in the past are likely to continue in the future, without major discontinuous changes. For example, if a city, country or region has not seen civil strife, major recessions, or substantial foreign exchange or currency changes, this is assumed to be the case over the forecast period. Likewise, the worldwide demand is foreseen to progress in a fashion similar to that seen in historical figures, based on aggregated data collected at the national level. The extent to which these assumptions are violated in the future will surely affect the accuracy of the forecasts presented here. The second type of assumption is of greater importance, especially for those markets where insufficient local information is reported in the public domain, or in markets where there is higher uncertainty. Here, we use cross-country econometric models of demand, often called a cross-sectional pooled time series models with varying parameters. In simple terms, we assume an underlying consumption function that is allowed to vary over time and across geographic markets. Economists have long proposed various consumption functions. These include John Maynard Keynes, Simon Kuznets, Irving Fisher, Franco Modigliani, Albert Ando, Richard Brumberg, and Milton Friedman. Across these, and other authors, the consumption of a product (as opposed to the amount produced) is foreseen to vary depending on a number of local factors and the time frame that one considers (short-, medium- and long-run). In general, the variance of the market potential across markets is foreseen to be a function of variances in income, wealth, interest rates, expected future income, and a variety of exogenous factors, including geography and culture. Icon Group forecasts primarily rely on non-cultural economic factors in modelling cross-market demand, for a given product or service. We also model the market potential using a consumption function which assumes a constant average propensity to consume in the long run (i.e. as incomes rise, average consumption rates do not fall, as earlier argued by Keynes). Once the cross-market model of demand is specified, it is combined with the local economic models described above. As in all econometric exercises, the lack of local market figures in the public domain results in estimation errors. Furthermore, many intervening factors may arise over time that can materially affect the accuracy of the forecasts, including changes in local economic conditions, changes in political regimes, improvements in primary data, and currency fluctuations, among other factors. As the estimates and forecasts reported here are forward-looking and subject to assumption-induced errors, you are asked to read the caveats and disclaimers at the end of this report.

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1.3 THE WORLDWIDE MARKET POTENTIAL FOR FOOTWEAR

Worldwide Market Potential for Footwear (million US $): 2000 Region Latent Demand million US $ % of Globe _________________________________________________________________________________________________________ Europe 58,146 33.0 North America & the Caribbean 42,003 23.9 Asia 29,374 16.7 Latin America 21,646 12.3 Middle East 15,127 8.6 Africa 8,452 4.8 Oceana 1,261 0.7 Total 176,011 100.0 _________________________________________________________________________________________________________

Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com

Worldwide Market Potential for Footwear (million US $): 2000

Europe

North America & the Caribbean

Asia

Latin America

Other

World Market for Footwear: 1995 - 2005

Year World Market million US $ _________________________________________________________________________________________________________ 1995 172,816.83 1996 173,246.49 1997 170,011.85 1998 168,634.30 1999 172,220.47 2000 176,877.38 2001 182,087.66 2002 187,676.56 2003 193,632.49 2004 199,986.74 2005 206,773.48 _________________________________________________________________________________________________________


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2 AFRICA: FOOTWEAR

2.1 EXECUTIVE SUMMARY Market Potential for Footwear in Africa (million US $): 2000

Country Latent Demand million US $ % of Africa _________________________________________________________________________________________________________ South Africa 1,220 14.28% Nigeria 1,038 12.14% Libya 777 9.09% Tunisia 383 4.48% Cameroon 374 4.37% Algeria 356 4.17% Sudan 299 3.50% Ivory coast 283 3.30% Angola 262 3.05% Kenya 260 3.04% Congo (formerly Zaire) 255 2.98% Egypt 229 2.67% Tanzania 188 2.20% Ghana 182 2.12% Ethiopia 175 2.05% Zimbabwe 172 2.00% Senegal 163 1.90% Uganda 157 1.83% Gabon 145 1.69% Morocco 141 1.65% Botswana 101 1.17% Zambia 96 1.12% Burkina Faso 88 1.02% Madagascar 84 0.97% Guinea 79 0.92% Other 946 12.15% Total 8,452 100.00% _________________________________________________________________________________________________________


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Market Potential for Footwear in Africa (million US $): 2000

South Africa

Nigeria

LibyaTunisia

Other

The Market for Footwear in Africa: 1995 - 2005

Year million US $ % of Globe _________________________________________________________________________________________________________ 1995 8,676.05 5.02 1996 8,746.14 5.05 1997 8,624.83 5.07 1998 8,460.06 5.02 1999 8,476.28 4.92 2000 8,546.31 4.83 2001 8,724.71 4.79 2002 8,927.40 4.76 2003 9,137.83 4.72 2004 9,356.35 4.68 2005 9,583.35 4.63 _________________________________________________________________________________________________________


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2.2 ALGERIA Footwear (million US $): Algeria 1995 - 2005

Year Algeria % of Region % of Globe _________________________________________________________________________________________________________ 1995 440 5.06% 0.25% 1996 452 5.16% 0.26% 1997 414 4.80% 0.24% 1998 350 4.13% 0.20% 1999 347 4.09% 0.20% 2000 356 4.17% 0.20% 2001 366 4.19% 0.20% 2002 376 4.20% 0.20% 2003 385 4.21% 0.19% 2004 396 4.23% 0.19% 2005 406 4.24% 0.19% _________________________________________________________________________________________________________


2.3 ANGOLA Footwear (million US $): Angola 1995 - 2005

Year Angola % of Region % of Globe _________________________________________________________________________________________________________ 1995 294 3.38% 0.17% 1996 289 3.30% 0.16% 1997 277 3.20% 0.16% 1998 270 3.18% 0.15% 1999 265 3.12% 0.15% 2000 262 3.05% 0.14% 2001 266 3.04% 0.14% 2002 272 3.04% 0.14% 2003 278 3.04% 0.14% 2004 284 3.03% 0.14% 2005 290 3.02% 0.14% _________________________________________________________________________________________________________


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2.4 BENIN Footwear (million US $): Benin 1995 - 2005

Year Benin % of Region % of Globe _________________________________________________________________________________________________________ 1995 67 0.77% 0.00% 1996 65 0.74% 0.00% 1997 62 0.71% 0.00% 1998 60 0.70% 0.00% 1999 58 0.68% 0.00% 2000 57 0.66% 0.00% 2001 59 0.67% 0.00% 2002 60 0.67% 0.00% 2003 62 0.68% 0.00% 2004 64 0.68% 0.03% 2005 66 0.68% 0.00% _________________________________________________________________________________________________________


2.5 BOTSWANA Footwear (million US $): Botswana 1995 - 2005

Year Botswana % of Region % of Globe _________________________________________________________________________________________________________ 1995 105 1.21% 0.00% 1996 105 1.20% 0.00% 1997 102 1.18% 0.00% 1998 101 1.19% 0.00% 1999 101 1.18% 0.00% 2000 101 1.17% 0.00% 2001 101 1.15% 0.05% 2002 102 1.14% 0.00% 2003 103 1.12% 0.00% 2004 103 1.10% 0.00% 2005 104 1.08% 0.00% _________________________________________________________________________________________________________


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2.6 BURKINA FASO Footwear (million US $): Burkina Faso 1995 - 2005

Year Burkina Faso % of Region % of Globe _________________________________________________________________________________________________________ 1995 98 1.13% 0.00% 1996 97 1.10% 0.00% 1997 93 1.07% 0.00% 1998 90 1.06% 0.00% 1999 89 1.04% 0.00% 2000 88 1.02% 0.00% 2001 89 1.02% 0.00% 2002 91 1.01% 0.00% 2003 93 1.01% 0.00% 2004 95 1.01% 0.00% 2005 97 1.01% 0.04% _________________________________________________________________________________________________________


2.7 BURUNDI Footwear (million US $): Burundi 1995 - 2005

Year Burundi % of Region % of Globe _________________________________________________________________________________________________________ 1995 36 0.41% 0.00% 1996 35 0.40% 0.02% 1997 34 0.39% 0.00% 1998 33 0.39% 0.01% 1999 33 0.38% 0.00% 2000 33 0.38% 0.00% 2001 33 0.37% 0.00% 2002 34 0.37% 0.00% 2003 34 0.37% 0.00% 2004 35 0.37% 0.01% 2005 35 0.36% 0.00% _________________________________________________________________________________________________________


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2.8 CAMEROON Footwear (million US $): Cameroon 1995 - 2005

Year Cameroon % of Region % of Globe _________________________________________________________________________________________________________ 1995 399 4.60% 0.23% 1996 396 4.53% 0.22% 1997 384 4.44% 0.22% 1998 378 4.46% 0.22% 1999 375 4.42% 0.21% 2000 374 4.37% 0.21% 2001 377 4.32% 0.20% 2002 381 4.26% 0.20% 2003 385 4.21% 0.19% 2004 390 4.16% 0.19% 2005 394 4.11% 0.19% _________________________________________________________________________________________________________


2.9 CAPE VERDE Footwear (million US $): Cape Verde 1995 - 2005

Year Cape Verde % of Region % of Globe _________________________________________________________________________________________________________ 1995 10 0.11% 0.00% 1996 9 0.10% 0.00% 1997 9 0.10% 0.00% 1998 9 0.10% 0.00% 1999 9 0.10% 0.00% 2000 8 0.00% 0.00% 2001 9 0.00% 0.00% 2002 9 0.00% 0.00% 2003 9 0.00% 0.00% 2004 9 0.00% 0.00% 2005 10 0.00% 0.00% _________________________________________________________________________________________________________


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2.10 CENTRAL AFRICAN REPUBLIC Footwear (million US $): Central African Republic 1995 - 2005

Year Central African Republic % of Region % of Globe _________________________________________________________________________________________________________ 1995 40 0.45% 0.02% 1996 39 0.44% 0.00% 1997 37 0.43% 0.02% 1998 36 0.42% 0.00% 1999 36 0.42% 0.00% 2000 35 0.41% 0.00% 2001 36 0.41% 0.00% 2002 37 0.40% 0.00% 2003 37 0.40% 0.00% 2004 38 0.40% 0.00% 2005 39 0.40% 0.01% _________________________________________________________________________________________________________


2.11 CHAD Footwear (million US $): Chad 1995 - 2005

Year Chad % of Region % of Globe _________________________________________________________________________________________________________ 1995 40 0.46% 0.00% 1996 39 0.44% 0.00% 1997 38 0.43% 0.00% 1998 37 0.43% 0.00% 1999 36 0.42% 0.00% 2000 36 0.41% 0.00% 2001 36 0.41% 0.00% 2002 37 0.41% 0.00% 2003 38 0.41% 0.00% 2004 39 0.41% 0.00% 2005 39 0.41% 0.00% _________________________________________________________________________________________________________


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2.12 COMOROS Footwear (million US $): Comoros 1995 - 2005

Year Comoros % of Region % of Globe _________________________________________________________________________________________________________ 1995 9 0.10% 0.00% 1996 9 0.10% 0.00% 1997 9 0.10% 0.00% 1998 9 0.10% 0.00% 1999 9 0.10% 0.00% 2000 9 0.10% 0.00% 2001 9 0.10% 0.00% 2002 9 0.00% 0.00% 2003 9 0.09% 0.00% 2004 9 0.00% 0.00% 2005 9 0.00% 0.00% _________________________________________________________________________________________________________


2.13 CONGO (FORMERLY ZAIRE) Footwear (million US $): Congo (formerly Zaire) 1995 - 2005

Year Congo (formerly Zaire) % of Region % of Globe _________________________________________________________________________________________________________ 1995 246 2.83% 0.14% 1996 250 2.85% 0.14% 1997 247 2.86% 0.14% 1998 249 2.93% 0.14% 1999 252 2.97% 0.14% 2000 255 2.98% 0.14% 2001 253 2.90% 0.13% 2002 251 2.80% 0.13% 2003 248 2.71% 0.12% 2004 246 2.62% 0.12% 2005 243 2.53% 0.11% _________________________________________________________________________________________________________


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2.14 DJIBOUTI Footwear (million US $): Djibouti 1995 - 2005

Year Djibouti % of Region % of Globe _________________________________________________________________________________________________________ 1995 14 0.16% 0.00% 1996 14 0.16% 0.00% 1997 14 0.16% 0.00% 1998 14 0.16% 0.00% 1999 14 0.16% 0.00% 2000 14 0.16% 0.00% 2001 14 0.16% 0.00% 2002 14 0.15% 0.00% 2003 14 0.15% 0.00% 2004 14 0.14% 0.00% 2005 14 0.14% 0.00% _________________________________________________________________________________________________________


2.15 EGYPT Footwear (million US $): Egypt 1995 - 2005

Year Egypt % of Region % of Globe _________________________________________________________________________________________________________ 1995 228 2.62% 0.13% 1996 233 2.65% 0.13% 1997 234 2.70% 0.13% 1998 222 2.62% 0.13% 1999 224 2.64% 0.13% 2000 229 2.67% 0.12% 2001 234 2.67% 0.12% 2002 239 2.67% 0.12% 2003 244 2.66% 0.12% 2004 249 2.66% 0.12% 2005 255 2.65% 0.12% _________________________________________________________________________________________________________


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2.16 EQUATORIAL GUINEA Footwear (million US $): Equatorial Guinea 1995 - 2005

Year Equatorial Guinea % of Region % of Globe _________________________________________________________________________________________________________ 1995 5 0.00% 0.00% 1996 5 0.00% 0.00% 1997 4 0.00% 0.00% 1998 4 0.00% 0.00% 1999 4 0.00% 0.00% 2000 4 0.00% 0.00% 2001 4 0.00% 0.00% 2002 4 0.00% 0.00% 2003 4 0.00% 0.00% 2004 4 0.00% 0.00% 2005 5 0.00% 0.00% _________________________________________________________________________________________________________


2.17 ERITREA Footwear (million US $): Eritrea 1995 - 2005

Year Eritrea % of Region % of Globe _________________________________________________________________________________________________________ 1995 13 0.14% 0.00% 1996 12 0.14% 0.00% 1997 12 0.13% 0.00% 1998 11 0.13% 0.00% 1999 11 0.12% 0.00% 2000 10 0.12% 0.00% 2001 11 0.12% 0.00% 2002 11 0.12% 0.00% 2003 12 0.12% 0.00% 2004 12 0.12% 0.00% 2005 13 0.13% 0.00% _________________________________________________________________________________________________________


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2.18 ETHIOPIA Footwear (million US $): Ethiopia 1995 - 2005

Year Ethiopia % of Region % of Globe _________________________________________________________________________________________________________ 1995 191 2.20% 0.11% 1996 189 2.16% 0.10% 1997 182 2.11% 0.10% 1998 179 2.11% 0.10% 1999 177 2.08% 0.10% 2000 175 2.05% 0.09% 2001 177 2.03% 0.00% 2002 180 2.01% 0.00% 2003 183 2.00% 0.00% 2004 186 1.98% 0.09% 2005 189 1.96% 0.00% _________________________________________________________________________________________________________


2.19 GABON Footwear (million US $): Gabon 1995 - 2005

Year Gabon % of Region % of Globe _________________________________________________________________________________________________________ 1995 155 1.79% 0.00% 1996 154 1.76% 0.00% 1997 149 1.72% 0.00% 1998 147 1.73% 0.00% 1999 146 1.71% 0.00% 2000 145 1.69% 0.00% 2001 146 1.67% 0.00% 2002 148 1.65% 0.07% 2003 150 1.63% 0.00% 2004 152 1.61% 0.00% 2005 153 1.60% 0.00% _________________________________________________________________________________________________________


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2.20 GHANA Footwear (million US $): Ghana 1995 - 2005

Year Ghana % of Region % of Globe _________________________________________________________________________________________________________ 1995 209 2.41% 0.12% 1996 205 2.33% 0.11% 1997 195 2.26% 0.11% 1998 189 2.23% 0.11% 1999 185 2.18% 0.10% 2000 182 2.12% 0.10% 2001 186 2.12% 0.10% 2002 191 2.13% 0.10% 2003 196 2.14% 0.10% 2004 201 2.15% 0.10% 2005 207 2.15% 0.09% _________________________________________________________________________________________________________


2.21 GUINEA Footwear (million US $): Guinea 1995 - 2005

Year Guinea % of Region % of Globe _________________________________________________________________________________________________________ 1995 89 1.02% 0.00% 1996 87 0.99% 0.00% 1997 83 0.96% 0.00% 1998 81 0.96% 0.00% 1999 80 0.94% 0.00% 2000 79 0.92% 0.00% 2001 80 0.91% 0.00% 2002 82 0.91% 0.00% 2003 84 0.91% 0.00% 2004 86 0.91% 0.00% 2005 88 0.91% 0.04% _________________________________________________________________________________________________________


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2.22 GUINEA-BISSAU Footwear (million US $): Guinea-Bissau 1995 - 2005

Year Guinea-Bissau % of Region % of Globe _________________________________________________________________________________________________________ 1995 6 0.00% 0.00% 1996 6 0.00% 0.00% 1997 6 0.00% 0.00% 1998 6 0.06% 0.00% 1999 6 0.00% 0.00% 2000 6 0.00% 0.00% 2001 6 0.00% 0.00% 2002 6 0.00% 0.00% 2003 6 0.00% 0.00% 2004 6 0.00% 0.00% 2005 6 0.00% 0.00% _________________________________________________________________________________________________________


2.23 IVORY COAST Footwear (million US $): Ivory coast 1995 - 2005

Year Ivory coast % of Region % of Globe _________________________________________________________________________________________________________ 1995 325 3.74% 0.18% 1996 318 3.63% 0.18% 1997 303 3.51% 0.17% 1998 294 3.47% 0.17% 1999 287 3.39% 0.16% 2000 283 3.30% 0.15% 2001 289 3.30% 0.15% 2002 296 3.31% 0.15% 2003 304 3.33% 0.15% 2004 313 3.34% 0.15% 2005 321 3.35% 0.15% _________________________________________________________________________________________________________


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2.24 KENYA Footwear (million US $): Kenya 1995 - 2005

Year Kenya % of Region % of Globe _________________________________________________________________________________________________________ 1995 300 3.45% 0.17% 1996 293 3.34% 0.16% 1997 279 3.23% 0.16% 1998 271 3.20% 0.16% 1999 265 3.12% 0.15% 2000 260 3.04% 0.14% 2001 266 3.04% 0.14% 2002 273 3.05% 0.14% 2003 280 3.06% 0.14% 2004 288 3.07% 0.14% 2005 296 3.08% 0.14% _________________________________________________________________________________________________________


2.25 LESOTHO Footwear (million US $): Lesotho 1995 - 2005

Year Lesotho % of Region % of Globe _________________________________________________________________________________________________________ 1995 35 0.40% 0.00% 1996 33 0.37% 0.01% 1997 31 0.35% 0.01% 1998 29 0.34% 0.00% 1999 28 0.32% 0.00% 2000 27 0.31% 0.00% 2001 28 0.31% 0.00% 2002 29 0.32% 0.00% 2003 31 0.33% 0.00% 2004 33 0.34% 0.00% 2005 34 0.35% 0.00% _________________________________________________________________________________________________________


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2.26 LIBERIA Footwear (million US $): Liberia 1995 - 2005

Year Liberia % of Region % of Globe _________________________________________________________________________________________________________ 1995 33 0.37% 0.00% 1996 33 0.37% 0.01% 1997 32 0.37% 0.00% 1998 32 0.37% 0.00% 1999 32 0.37% 0.00% 2000 32 0.37% 0.00% 2001 32 0.36% 0.00% 2002 32 0.36% 0.00% 2003 32 0.35% 0.01% 2004 32 0.34% 0.00% 2005 32 0.33% 0.00% _________________________________________________________________________________________________________


2.27 LIBYA Footwear (million US $): Libya 1995 - 2005

Year Libya % of Region % of Globe _________________________________________________________________________________________________________ 1995 570 6.57% 0.32% 1996 619 7.08% 0.35% 1997 660 7.65% 0.38% 1998 707 8.35% 0.41% 1999 742 8.75% 0.43% 2000 777 9.09% 0.43% 2001 813 9.32% 0.44% 2002 851 9.53% 0.45% 2003 891 9.75% 0.46% 2004 933 9.97% 0.46% 2005 977 10.19% 0.47% _________________________________________________________________________________________________________


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2.28 MADAGASCAR Footwear (million US $): Madagascar 1995 - 2005

Year Madagascar % of Region % of Globe _________________________________________________________________________________________________________ 1995 91 1.05% 0.05% 1996 90 1.03% 0.05% 1997 87 1.00% 0.00% 1998 85 1.00% 0.00% 1999 84 0.99% 0.00% 2000 84 0.97% 0.00% 2001 85 0.97% 0.00% 2002 86 0.96% 0.04% 2003 87 0.95% 0.00% 2004 89 0.94% 0.00% 2005 90 0.93% 0.04% _________________________________________________________________________________________________________


2.29 MALAWI Footwear (million US $): Malawi 1995 - 2005

Year Malawi % of Region % of Globe _________________________________________________________________________________________________________ 1995 66 0.75% 0.00% 1996 63 0.72% 0.03% 1997 59 0.68% 0.00% 1998 57 0.67% 0.00% 1999 55 0.64% 0.00% 2000 53 0.62% 0.00% 2001 55 0.62% 0.00% 2002 57 0.64% 0.00% 2003 60 0.65% 0.00% 2004 62 0.66% 0.00% 2005 65 0.67% 0.00% _________________________________________________________________________________________________________


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2.30 MALI Footwear (million US $): Mali 1995 - 2005

Year Mali % of Region % of Globe _________________________________________________________________________________________________________ 1995 82 0.94% 0.00% 1996 81 0.92% 0.00% 1997 78 0.90% 0.00% 1998 77 0.90% 0.00% 1999 76 0.89% 0.00% 2000 76 0.88% 0.00% 2001 76 0.87% 0.00% 2002 77 0.86% 0.00% 2003 79 0.85% 0.00% 2004 80 0.85% 0.00% 2005 81 0.84% 0.00% _________________________________________________________________________________________________________


2.31 MAURITANIA Footwear (million US $): Mauritania 1995 - 2005

Year Mauritania % of Region % of Globe _________________________________________________________________________________________________________ 1995 34 0.39% 0.00% 1996 34 0.38% 0.00% 1997 32 0.37% 0.00% 1998 32 0.37% 0.00% 1999 31 0.36% 0.00% 2000 31 0.35% 0.00% 2001 31 0.35% 0.00% 2002 32 0.35% 0.00% 2003 32 0.35% 0.00% 2004 33 0.35% 0.01% 2005 34 0.35% 0.01% _________________________________________________________________________________________________________


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2.32 MAURITIUS Footwear (million US $): Mauritius 1995 - 2005

Year Mauritius % of Region % of Globe _________________________________________________________________________________________________________ 1995 77 0.88% 0.00% 1996 76 0.86% 0.00% 1997 73 0.84% 0.00% 1998 72 0.85% 0.00% 1999 71 0.83% 0.00% 2000 71 0.82% 0.00% 2001 71 0.81% 0.00% 2002 73 0.81% 0.00% 2003 74 0.80% 0.00% 2004 75 0.79% 0.00% 2005 76 0.79% 0.00% _________________________________________________________________________________________________________


2.33 MOROCCO Footwear (million US $): Morocco 1995 - 2005

Year Morocco % of Region % of Globe _________________________________________________________________________________________________________ 1995 144 1.65% 0.00% 1996 141 1.61% 0.00% 1997 137 1.58% 0.00% 1998 135 1.60% 0.00% 1999 138 1.62% 0.00% 2000 141 1.65% 0.00% 2001 145 1.65% 0.00% 2002 148 1.66% 0.00% 2003 153 1.66% 0.00% 2004 157 1.67% 0.00% 2005 162 1.68% 0.00% _________________________________________________________________________________________________________


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2.34 MOZAMBIQUE Footwear (million US $): Mozambique 1995 - 2005

Year Mozambique % of Region % of Globe _________________________________________________________________________________________________________ 1995 46 0.52% 0.00% 1996 46 0.52% 0.00% 1997 45 0.52% 0.02% 1998 45 0.53% 0.00% 1999 45 0.53% 0.00% 2000 46 0.53% 0.00% 2001 45 0.52% 0.00% 2002 45 0.50% 0.02% 2003 45 0.49% 0.00% 2004 45 0.48% 0.00% 2005 45 0.47% 0.02% _________________________________________________________________________________________________________


2.35 NAMIBIA Footwear (million US $): Namibia 1995 - 2005

Year Namibia % of Region % of Globe _________________________________________________________________________________________________________ 1995 57 0.66% 0.00% 1996 56 0.63% 0.03% 1997 53 0.61% 0.00% 1998 51 0.60% 0.00% 1999 50 0.58% 0.02% 2000 49 0.56% 0.00% 2001 50 0.57% 0.00% 2002 52 0.57% 0.00% 2003 53 0.58% 0.00% 2004 55 0.58% 0.00% 2005 57 0.59% 0.00% _________________________________________________________________________________________________________


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2.36 NIGER Footwear (million US $): Niger 1995 - 2005

Year Niger % of Region % of Globe _________________________________________________________________________________________________________ 1995 83 0.96% 0.00% 1996 81 0.92% 0.00% 1997 77 0.89% 0.00% 1998 74 0.87% 0.00% 1999 72 0.85% 0.00% 2000 71 0.82% 0.00% 2001 72 0.82% 0.00% 2002 75 0.83% 0.00% 2003 77 0.84% 0.00% 2004 80 0.85% 0.03% 2005 82 0.85% 0.00% _________________________________________________________________________________________________________


2.37 NIGERIA Footwear (million US $): Nigeria 1995 - 2005

Year Nigeria % of Region % of Globe _________________________________________________________________________________________________________ 1995 704 8.11% 0.40% 1996 774 8.84% 0.44% 1997 860 9.97% 0.50% 1998 939 11.09% 0.55% 1999 990 11.67% 0.57% 2000 1,038 12.14% 0.58% 2001 1,089 12.47% 0.59% 2002 1,142 12.79% 0.60% 2003 1,199 13.11% 0.61% 2004 1,258 13.44% 0.62% 2005 1,321 13.78% 0.63% _________________________________________________________________________________________________________


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2.38 REPUBLIC OF CONGO Footwear (million US $): Republic of Congo 1995 - 2005

Year Republic of Congo % of Region % of Globe _________________________________________________________________________________________________________ 1995 75 0.86% 0.00% 1996 74 0.84% 0.00% 1997 71 0.82% 0.00% 1998 69 0.81% 0.00% 1999 68 0.80% 0.00% 2000 68 0.79% 0.00% 2001 69 0.78% 0.00% 2002 70 0.78% 0.00% 2003 71 0.77% 0.00% 2004 72 0.77% 0.00% 2005 74 0.76% 0.00% _________________________________________________________________________________________________________


2.39 RWANDA Footwear (million US $): Rwanda 1995 - 2005

Year Rwanda % of Region % of Globe _________________________________________________________________________________________________________ 1995 62 0.71% 0.03% 1996 62 0.71% 0.00% 1997 61 0.70% 0.00% 1998 61 0.72% 0.00% 1999 61 0.72% 0.00% 2000 62 0.72% 0.00% 2001 62 0.70% 0.00% 2002 62 0.68% 0.00% 2003 61 0.67% 0.00% 2004 61 0.65% 0.00% 2005 61 0.63% 0.00% _________________________________________________________________________________________________________


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2.40 SAO TOME E PRINCIPE Footwear (million US $): Sao Tome E Principe 1995 - 2005

Year Sao Tome E Principe % of Region % of Globe _________________________________________________________________________________________________________ 1995 1 0.00% 0.00% 1996 1 0.00% 0.00% 1997 1 0.00% 0.00% 1998 1 0.00% 0.00% 1999 1 0.00% 0.00% 2000 1 0.00% 0.00% 2001 1 0.00% 0.00% 2002 1 0.00% 0.00% 2003 1 0.00% 0.00% 2004 1 0.00% 0.00% 2005 1 0.00% 0.00% _________________________________________________________________________________________________________


2.41 SENEGAL Footwear (million US $): Senegal 1995 - 2005

Year Senegal % of Region % of Globe _________________________________________________________________________________________________________ 1995 185 2.13% 0.10% 1996 181 2.07% 0.10% 1997 173 2.00% 0.10% 1998 169 1.99% 0.00% 1999 165 1.94% 0.00% 2000 163 1.90% 0.00% 2001 166 1.90% 0.00% 2002 170 1.90% 0.00% 2003 174 1.90% 0.00% 2004 178 1.90% 0.08% 2005 183 1.90% 0.00% _________________________________________________________________________________________________________


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2.42 SIERRA LEONE Footwear (million US $): Sierra Leone 1995 - 2005

Year Sierra Leone % of Region % of Globe _________________________________________________________________________________________________________ 1995 35 0.40% 0.00% 1996 36 0.40% 0.00% 1997 35 0.40% 0.00% 1998 35 0.41% 0.00% 1999 35 0.41% 0.00% 2000 36 0.41% 0.00% 2001 36 0.40% 0.00% 2002 35 0.39% 0.00% 2003 35 0.38% 0.00% 2004 35 0.37% 0.00% 2005 35 0.36% 0.00% _________________________________________________________________________________________________________


2.43 SOMALIA Footwear (million US $): Somalia 1995 - 2005

Year Somalia % of Region % of Globe _________________________________________________________________________________________________________ 1995 41 0.47% 0.02% 1996 41 0.46% 0.00% 1997 40 0.45% 0.00% 1998 39 0.46% 0.00% 1999 39 0.45% 0.00% 2000 38 0.44% 0.00% 2001 39 0.44% 0.00% 2002 39 0.44% 0.00% 2003 40 0.43% 0.00% 2004 40 0.43% 0.00% 2005 41 0.42% 0.01% _________________________________________________________________________________________________________


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2.44 SOUTH AFRICA Footwear (million US $): South Africa 1995 - 2005

Year South Africa % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,341 15.45% 0.77% 1996 1,346 15.38% 0.77% 1997 1,333 15.45% 0.78% 1998 1,218 14.39% 0.72% 1999 1,209 14.26% 0.70% 2000 1,220 14.28% 0.69% 2001 1,232 14.12% 0.67% 2002 1,244 13.93% 0.66% 2003 1,256 13.74% 0.64% 2004 1,268 13.55% 0.63% 2005 1,281 13.36% 0.61% _________________________________________________________________________________________________________


2.45 SUDAN Footwear (million US $): Sudan 1995 - 2005

Year Sudan % of Region % of Globe _________________________________________________________________________________________________________ 1995 307 3.53% 0.17% 1996 307 3.51% 0.17% 1997 300 3.47% 0.17% 1998 298 3.52% 0.17% 1999 299 3.52% 0.17% 2000 299 3.50% 0.16% 2001 300 3.43% 0.16% 2002 301 3.36% 0.16% 2003 301 3.29% 0.15% 2004 302 3.22% 0.15% 2005 302 3.15% 0.14% _________________________________________________________________________________________________________


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2.46 SWAZILAND Footwear (million US $): Swaziland 1995 - 2005

Year Swaziland % of Region % of Globe _________________________________________________________________________________________________________ 1995 27 0.31% 0.00% 1996 27 0.30% 0.00% 1997 26 0.30% 0.00% 1998 25 0.30% 0.01% 1999 25 0.29% 0.00% 2000 25 0.29% 0.00% 2001 25 0.28% 0.00% 2002 26 0.28% 0.00% 2003 26 0.28% 0.00% 2004 26 0.28% 0.00% 2005 27 0.28% 0.00% _________________________________________________________________________________________________________


2.47 TANZANIA Footwear (million US $): Tanzania 1995 - 2005

Year Tanzania % of Region % of Globe _________________________________________________________________________________________________________ 1995 205 2.36% 0.11% 1996 203 2.31% 0.11% 1997 195 2.26% 0.11% 1998 192 2.26% 0.11% 1999 190 2.23% 0.11% 2000 188 2.20% 0.10% 2001 190 2.18% 0.10% 2002 193 2.16% 0.10% 2003 196 2.14% 0.10% 2004 199 2.13% 0.00% 2005 203 2.11% 0.00% _________________________________________________________________________________________________________


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2.48 THE GAMBIA Footwear (million US $): The Gambia 1995 - 2005

Year The Gambia % of Region % of Globe _________________________________________________________________________________________________________ 1995 10 0.11% 0.00% 1996 9 0.10% 0.00% 1997 9 0.10% 0.00% 1998 9 0.10% 0.00% 1999 9 0.10% 0.00% 2000 9 0.10% 0.00% 2001 9 0.10% 0.00% 2002 9 0.10% 0.00% 2003 9 0.10% 0.00% 2004 9 0.00% 0.00% 2005 9 0.00% 0.00% _________________________________________________________________________________________________________


2.49 TOGO Footwear (million US $): Togo 1995 - 2005

Year Togo % of Region % of Globe _________________________________________________________________________________________________________ 1995 50 0.57% 0.00% 1996 49 0.55% 0.02% 1997 46 0.53% 0.00% 1998 45 0.53% 0.00% 1999 44 0.51% 0.00% 2000 43 0.50% 0.00% 2001 44 0.50% 0.00% 2002 45 0.50% 0.00% 2003 47 0.51% 0.00% 2004 48 0.51% 0.00% 2005 50 0.51% 0.00% _________________________________________________________________________________________________________


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2.50 TUNISIA Footwear (million US $): Tunisia 1995 - 2005

Year Tunisia % of Region % of Globe _________________________________________________________________________________________________________ 1995 435 5.01% 0.25% 1996 426 4.87% 0.24% 1997 408 4.72% 0.23% 1998 397 4.68% 0.23% 1999 389 4.58% 0.22% 2000 383 4.48% 0.21% 2001 390 4.47% 0.21% 2002 400 4.47% 0.21% 2003 409 4.48% 0.21% 2004 419 4.48% 0.20% 2005 429 4.48% 0.20% _________________________________________________________________________________________________________


2.51 UGANDA Footwear (million US $): Uganda 1995 - 2005

Year Uganda % of Region % of Globe _________________________________________________________________________________________________________ 1995 187 2.15% 0.10% 1996 181 2.07% 0.10% 1997 172 1.99% 0.10% 1998 166 1.95% 0.00% 1999 161 1.89% 0.00% 2000 157 1.83% 0.00% 2001 161 1.84% 0.00% 2002 167 1.86% 0.00% 2003 173 1.88% 0.00% 2004 178 1.90% 0.00% 2005 185 1.92% 0.00% _________________________________________________________________________________________________________


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2.52 ZAMBIA Footwear (million US $): Zambia 1995 - 2005

Year Zambia % of Region % of Globe _________________________________________________________________________________________________________ 1995 98 1.13% 0.05% 1996 98 1.12% 0.00% 1997 96 1.11% 0.00% 1998 96 1.13% 0.05% 1999 96 1.12% 0.00% 2000 96 1.12% 0.00% 2001 96 1.10% 0.00% 2002 96 1.07% 0.00% 2003 97 1.05% 0.00% 2004 97 1.03% 0.00% 2005 97 1.01% 0.00% _________________________________________________________________________________________________________


2.53 ZIMBABWE Footwear (million US $): Zimbabwe 1995 - 2005

Year Zimbabwe % of Region % of Globe _________________________________________________________________________________________________________ 1995 172 1.98% 0.00% 1996 173 1.98% 0.10% 1997 170 1.97% 0.00% 1998 170 2.00% 0.10% 1999 171 2.01% 0.00% 2000 172 2.00% 0.00% 2001 171 1.96% 0.00% 2002 171 1.91% 0.00% 2003 171 1.86% 0.00% 2004 170 1.82% 0.00% 2005 170 1.77% 0.00% _________________________________________________________________________________________________________


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3 ASIA: FOOTWEAR

3.1 EXECUTIVE SUMMARY Market Potential for Footwear in Asia (million US $): 2000

Country Latent Demand million US $ % of Asia _________________________________________________________________________________________________________ China 10,486 35.69% Japan 9,840 33.49% Philippines 1,777 6.04% Taiwan 1,432 4.87% India 822 2.79% Burma 745 2.53% North Korea 641 2.18% South Korea 568 1.93% Vietnam 434 1.47% Thailand 433 1.47% Hong Kong 367 1.24% Indonesia 303 1.03% Bangladesh 272 0.92% Malaysia 223 0.75% Sri Lanka 209 0.71% Brunei 202 0.68% Singapore 136 0.46% Papua New Guinea 100 0.33% Mongolia 99 0.33% Nepal 95 0.32% Cambodia 70 0.23% Macau 67 0.22% Laos 32 0.10% Seychelles 9 0.00% Bhutan 8 0.02% Other 4 0.19% Total 29,374 100.00% _________________________________________________________________________________________________________


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Market Potential for Footwear in Asia (million US $): 2000

China

Japan PhilippinesTaiwan

Other

The Market for Footwear in Asia: 1995 - 2005



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3.2 BANGLADESH Footwear (million US $): Bangladesh 1995 - 2005

Year Bangladesh % of Region % of Globe _________________________________________________________________________________________________________ 1995 282 0.96% 0.16% 1996 281 0.97% 0.16% 1997 270 0.96% 0.15% 1998 267 1.02% 0.15% 1999 269 0.98% 0.15% 2000 272 0.92% 0.15% 2001 274 0.86% 0.15% 2002 277 0.81% 0.14% 2003 280 0.76% 0.14% 2004 284 0.71% 0.14% 2005 287 0.67% 0.13% _________________________________________________________________________________________________________


3.3 BHUTAN Footwear (million US $): Bhutan 1995 - 2005

Year Bhutan % of Region % of Globe _________________________________________________________________________________________________________ 1995 9 0.00% 0.00% 1996 9 0.00% 0.00% 1997 9 0.00% 0.00% 1998 8 0.00% 0.00% 1999 8 0.00% 0.00% 2000 8 0.02% 0.00% 2001 8 0.00% 0.00% 2002 8 0.00% 0.00% 2003 9 0.00% 0.00% 2004 9 0.00% 0.00% 2005 9 0.00% 0.00% _________________________________________________________________________________________________________


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3.4 BRUNEI Footwear (million US $): Brunei 1995 - 2005

Year Brunei % of Region % of Globe _________________________________________________________________________________________________________ 1995 217 0.74% 0.12% 1996 215 0.74% 0.12% 1997 208 0.74% 0.12% 1998 205 0.78% 0.12% 1999 203 0.74% 0.11% 2000 202 0.68% 0.11% 2001 204 0.64% 0.11% 2002 207 0.60% 0.11% 2003 209 0.56% 0.10% 2004 212 0.53% 0.10% 2005 214 0.50% 0.10% _________________________________________________________________________________________________________


3.5 BURMA Footwear (million US $): Burma 1995 - 2005

Year Burma % of Region % of Globe _________________________________________________________________________________________________________ 1995 578 1.98% 0.33% 1996 616 2.14% 0.35% 1997 663 2.38% 0.39% 1998 703 2.70% 0.41% 1999 725 2.65% 0.42% 2000 745 2.53% 0.42% 2001 765 2.42% 0.42% 2002 787 2.31% 0.41% 2003 810 2.20% 0.41% 2004 834 2.10% 0.41% 2005 858 2.00% 0.41% _________________________________________________________________________________________________________


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3.6 CAMBODIA Footwear (million US $): Cambodia 1995 - 2005

Year Cambodia % of Region % of Globe _________________________________________________________________________________________________________ 1995 83 0.28% 0.00% 1996 80 0.27% 0.00% 1997 76 0.27% 0.00% 1998 73 0.28% 0.04% 1999 71 0.26% 0.00% 2000 70 0.23% 0.00% 2001 72 0.22% 0.00% 2002 74 0.21% 0.00% 2003 76 0.20% 0.00% 2004 79 0.19% 0.00% 2005 81 0.19% 0.00% _________________________________________________________________________________________________________


3.7 CHINA Footwear (million US $): China 1995 - 2005

Year China % of Region % of Globe _________________________________________________________________________________________________________ 1995 6,950 23.87% 4.02% 1996 7,769 26.98% 4.48% 1997 8,560 30.76% 5.03% 1998 8,768 33.69% 5.19% 1999 9,533 34.86% 5.53% 2000 10,486 35.69% 5.92% 2001 11,535 36.48% 6.33% 2002 12,688 37.25% 6.76% 2003 13,957 38.00% 7.20% 2004 15,353 38.73% 7.67% 2005 16,888 39.45% 8.16% _________________________________________________________________________________________________________


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3.8 HONG KONG Footwear (million US $): Hong Kong 1995 - 2005

Year Hong Kong % of Region % of Globe _________________________________________________________________________________________________________ 1995 350 1.20% 0.20% 1996 376 1.30% 0.21% 1997 384 1.38% 0.22% 1998 348 1.33% 0.20% 1999 353 1.29% 0.20% 2000 367 1.24% 0.20% 2001 381 1.20% 0.20% 2002 396 1.16% 0.21% 2003 411 1.12% 0.21% 2004 428 1.07% 0.21% 2005 444 1.03% 0.21% _________________________________________________________________________________________________________


3.9 INDIA Footwear (million US $): India 1995 - 2005

Year India % of Region % of Globe _________________________________________________________________________________________________________ 1995 845 2.90% 0.48% 1996 856 2.97% 0.49% 1997 885 3.17% 0.52% 1998 819 3.14% 0.48% 1999 814 2.97% 0.47% 2000 822 2.79% 0.46% 2001 831 2.62% 0.45% 2002 839 2.46% 0.44% 2003 848 2.30% 0.43% 2004 856 2.16% 0.42% 2005 865 2.02% 0.41% _________________________________________________________________________________________________________


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3.10 INDONESIA Footwear (million US $): Indonesia 1995 - 2005

Year Indonesia % of Region % of Globe _________________________________________________________________________________________________________ 1995 635 2.18% 0.36% 1996 654 2.27% 0.37% 1997 561 2.01% 0.33% 1998 315 1.21% 0.18% 1999 288 1.05% 0.16% 2000 303 1.03% 0.17% 2001 319 1.00% 0.17% 2002 335 0.98% 0.17% 2003 352 0.95% 0.18% 2004 370 0.93% 0.18% 2005 389 0.90% 0.18% _________________________________________________________________________________________________________


3.11 JAPAN Footwear (million US $): Japan 1995 - 2005

Year Japan % of Region % of Globe _________________________________________________________________________________________________________ 1995 11,425 39.24% 6.61% 1996 10,105 35.09% 5.83% 1997 8,986 32.29% 5.28% 1998 8,453 32.48% 5.01% 1999 9,030 33.02% 5.24% 2000 9,840 33.49% 5.56% 2001 10,722 33.91% 5.88% 2002 11,684 34.30% 6.22% 2003 12,732 34.66% 6.57% 2004 13,873 35.00% 6.93% 2005 15,118 35.31% 7.31% _________________________________________________________________________________________________________


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3.12 LAOS Footwear (million US $): Laos 1995 - 2005

Year Laos % of Region % of Globe _________________________________________________________________________________________________________ 1995 39 0.13% 0.00% 1996 38 0.13% 0.00% 1997 36 0.12% 0.00% 1998 34 0.13% 0.00% 1999 33 0.12% 0.00% 2000 32 0.10% 0.00% 2001 33 0.10% 0.00% 2002 34 0.10% 0.00% 2003 36 0.00% 0.00% 2004 37 0.00% 0.00% 2005 38 0.00% 0.00% _________________________________________________________________________________________________________


3.13 MACAU Footwear (million US $): Macau 1995 - 2005

Year Macau % of Region % of Globe _________________________________________________________________________________________________________ 1995 75 0.25% 0.00% 1996 74 0.25% 0.00% 1997 70 0.25% 0.00% 1998 69 0.26% 0.00% 1999 67 0.24% 0.00% 2000 67 0.22% 0.00% 2001 68 0.21% 0.00% 2002 69 0.20% 0.00% 2003 71 0.19% 0.00% 2004 72 0.18% 0.00% 2005 74 0.17% 0.03% _________________________________________________________________________________________________________


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3.14 MALAYSIA Footwear (million US $): Malaysia 1995 - 2005

Year Malaysia % of Region % of Globe _________________________________________________________________________________________________________ 1995 301 1.03% 0.17% 1996 314 1.09% 0.18% 1997 293 1.05% 0.17% 1998 217 0.83% 0.12% 1999 213 0.77% 0.12% 2000 223 0.75% 0.12% 2001 233 0.73% 0.12% 2002 244 0.71% 0.13% 2003 256 0.69% 0.13% 2004 267 0.67% 0.13% 2005 280 0.65% 0.13% _________________________________________________________________________________________________________


3.15 MALDIVES Footwear (million US $): Maldives 1995 - 2005

Year Maldives % of Region % of Globe _________________________________________________________________________________________________________ 1995 5 0.00% 0.00% 1996 4 0.00% 0.00% 1997 4 0.01% 0.00% 1998 4 0.00% 0.00% 1999 4 0.00% 0.00% 2000 4 0.00% 0.00% 2001 4 0.00% 0.00% 2002 4 0.00% 0.00% 2003 4 0.00% 0.00% 2004 4 0.00% 0.00% 2005 5 0.00% 0.00% _________________________________________________________________________________________________________


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3.16 MONGOLIA Footwear (million US $): Mongolia 1995 - 2005

Year Mongolia % of Region % of Globe _________________________________________________________________________________________________________ 1995 116 0.39% 0.00% 1996 113 0.39% 0.00% 1997 108 0.38% 0.00% 1998 104 0.40% 0.00% 1999 101 0.37% 0.00% 2000 99 0.33% 0.00% 2001 102 0.32% 0.00% 2002 105 0.30% 0.00% 2003 108 0.29% 0.00% 2004 111 0.28% 0.00% 2005 115 0.26% 0.00% _________________________________________________________________________________________________________


3.17 NEPAL Footwear (million US $): Nepal 1995 - 2005

Year Nepal % of Region % of Globe _________________________________________________________________________________________________________ 1995 102 0.35% 0.00% 1996 101 0.35% 0.00% 1997 98 0.35% 0.00% 1998 96 0.37% 0.00% 1999 95 0.34% 0.05% 2000 95 0.32% 0.05% 2001 96 0.30% 0.00% 2002 97 0.28% 0.00% 2003 98 0.26% 0.00% 2004 100 0.25% 0.00% 2005 101 0.23% 0.00% _________________________________________________________________________________________________________


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3.18 NORTH KOREA Footwear (million US $): North Korea 1995 - 2005

Year North Korea % of Region % of Globe _________________________________________________________________________________________________________ 1995 505 1.73% 0.29% 1996 542 1.88% 0.31% 1997 561 2.01% 0.33% 1998 590 2.26% 0.35% 1999 616 2.25% 0.35% 2000 641 2.18% 0.36% 2001 668 2.11% 0.36% 2002 695 2.04% 0.37% 2003 724 1.97% 0.37% 2004 754 1.90% 0.37% 2005 786 1.83% 0.37% _________________________________________________________________________________________________________


3.19 PAPUA NEW GUINEA Footwear (million US $): Papua New Guinea 1995 - 2005

Year Papua New Guinea % of Region % of Globe _________________________________________________________________________________________________________ 1995 100 0.34% 0.00% 1996 100 0.34% 0.00% 1997 99 0.35% 0.00% 1998 99 0.37% 0.00% 1999 99 0.36% 0.00% 2000 100 0.33% 0.00% 2001 100 0.31% 0.00% 2002 99 0.29% 0.00% 2003 99 0.26% 0.00% 2004 99 0.24% 0.00% 2005 98 0.23% 0.00% _________________________________________________________________________________________________________


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3.20 PHILIPPINES Footwear (million US $): Philippines 1995 - 2005

Year Philippines % of Region % of Globe _________________________________________________________________________________________________________ 1995 2,324 7.98% 1.34% 1996 2,446 8.49% 1.41% 1997 2,277 8.18% 1.33% 1998 1,679 6.45% 0.99% 1999 1,669 6.10% 0.96% 2000 1,777 6.04% 1.00% 2001 1,892 5.98% 1.03% 2002 2,014 5.91% 1.07% 2003 2,144 5.83% 1.10% 2004 2,283 5.75% 1.14% 2005 2,430 5.67% 1.17% _________________________________________________________________________________________________________


3.21 SEYCHELLES Footwear (million US $): Seychelles 1995 - 2005

Year Seychelles % of Region % of Globe _________________________________________________________________________________________________________ 1995 10 0.00% 0.00% 1996 10 0.00% 0.00% 1997 9 0.00% 0.00% 1998 9 0.00% 0.00% 1999 9 0.03% 0.00% 2000 9 0.00% 0.00% 2001 9 0.00% 0.00% 2002 9 0.00% 0.00% 2003 9 0.00% 0.00% 2004 9 0.00% 0.00% 2005 9 0.00% 0.00% _________________________________________________________________________________________________________


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3.22 SINGAPORE Footwear (million US $): Singapore 1995 - 2005

Year Singapore % of Region % of Globe _________________________________________________________________________________________________________ 1995 145 0.49% 0.00% 1996 150 0.52% 0.08% 1997 155 0.55% 0.00% 1998 134 0.51% 0.07% 1999 133 0.48% 0.00% 2000 136 0.46% 0.00% 2001 139 0.44% 0.00% 2002 142 0.41% 0.00% 2003 146 0.39% 0.00% 2004 149 0.37% 0.00% 2005 152 0.35% 0.07% _________________________________________________________________________________________________________


3.23 SOUTH KOREA Footwear (million US $): South Korea 1995 - 2005

Year South Korea % of Region % of Globe _________________________________________________________________________________________________________ 1995 848 2.91% 0.49% 1996 771 2.67% 0.44% 1997 640 2.30% 0.37% 1998 497 1.90% 0.29% 1999 516 1.88% 0.29% 2000 568 1.93% 0.32% 2001 624 1.97% 0.34% 2002 687 2.01% 0.36% 2003 755 2.05% 0.39% 2004 831 2.09% 0.41% 2005 914 2.13% 0.44% _________________________________________________________________________________________________________


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3.24 SRI LANKA Footwear (million US $): Sri Lanka 1995 - 2005

Year Sri Lanka % of Region % of Globe _________________________________________________________________________________________________________ 1995 241 0.82% 0.13% 1996 235 0.81% 0.13% 1997 224 0.80% 0.13% 1998 218 0.83% 0.12% 1999 213 0.77% 0.12% 2000 209 0.71% 0.11% 2001 214 0.67% 0.11% 2002 219 0.64% 0.11% 2003 225 0.61% 0.11% 2004 232 0.58% 0.11% 2005 238 0.55% 0.11% _________________________________________________________________________________________________________


3.25 TAIWAN Footwear (million US $): Taiwan 1995 - 2005

Year Taiwan % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,782 6.12% 1.03% 1996 1,770 6.14% 1.02% 1997 1,615 5.80% 0.94% 1998 1,453 5.58% 0.86% 1999 1,431 5.23% 0.83% 2000 1,432 4.87% 0.80% 2001 1,433 4.53% 0.78% 2002 1,434 4.21% 0.76% 2003 1,435 3.90% 0.74% 2004 1,436 3.62% 0.71% 2005 1,437 3.35% 0.69% _________________________________________________________________________________________________________


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3.26 THAILAND Footwear (million US $): Thailand 1995 - 2005

Year Thailand % of Region % of Globe _________________________________________________________________________________________________________ 1995 691 2.37% 0.39% 1996 704 2.44% 0.40% 1997 599 2.15% 0.35% 1998 427 1.64% 0.25% 1999 415 1.51% 0.24% 2000 433 1.47% 0.24% 2001 451 1.42% 0.24% 2002 470 1.38% 0.25% 2003 490 1.33% 0.25% 2004 511 1.28% 0.25% 2005 533 1.24% 0.25% _________________________________________________________________________________________________________


3.27 VIETNAM Footwear (million US $): Vietnam 1995 - 2005

Year Vietnam % of Region % of Globe _________________________________________________________________________________________________________ 1995 455 1.56% 0.26% 1996 457 1.58% 0.26% 1997 436 1.56% 0.25% 1998 431 1.65% 0.25% 1999 433 1.58% 0.25% 2000 434 1.47% 0.24% 2001 436 1.38% 0.23% 2002 438 1.28% 0.23% 2003 440 1.19% 0.22% 2004 442 1.11% 0.22% 2005 444 1.03% 0.21% _________________________________________________________________________________________________________


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4 EUROPE: FOOTWEAR

4.1 EXECUTIVE SUMMARY Market Potential for Footwear in Europe (million US $): 2000

Country Latent Demand million US $ % of Europe _________________________________________________________________________________________________________ Germany 9,672 16.60% Italy 9,407 16.14% France 8,467 14.53% United Kingdom 8,213 14.09% Netherlands 2,018 3.46% Spain 1,822 3.12% Greece 1,706 2.92% Poland 1,383 2.37% Belgium 1,350 2.31% Switzerland 1,229 2.11% Sweden 1,128 1.93% Belarus 1,052 1.80% Czech Republic 795 1.36% Russia 761 1.30% Portugal 748 1.28% Romania 655 1.12% Norway 633 1.08% Austria 626 1.07% Denmark 613 1.05% Ireland 598 1.02% Slovakia 505 0.86% Finland 492 0.84% Hungary 414 0.71% Lithuania 402 0.68% Moldova 395 0.67% Other 3,061 5.58% Total 58,146 100.00% _________________________________________________________________________________________________________


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Market Potential for Footwear in Europe (million US $): 2000

Germany

Italy

France United Kingdom

Other

The Market for Footwear in Europe: 1995 - 2005



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4.2 ALBANIA Footwear (million US $): Albania 1995 - 2005

Year Albania % of Region % of Globe _________________________________________________________________________________________________________ 1995 117 0.19% 0.00% 1996 114 0.19% 0.00% 1997 108 0.19% 0.00% 1998 104 0.18% 0.00% 1999 102 0.17% 0.00% 2000 100 0.17% 0.00% 2001 102 0.17% 0.00% 2002 105 0.17% 0.05% 2003 108 0.17% 0.00% 2004 112 0.17% 0.00% 2005 115 0.17% 0.00% _________________________________________________________________________________________________________


4.3 ANDORRA Footwear (million US $): Andorra 1995 - 2005

Year Andorra % of Region % of Globe _________________________________________________________________________________________________________ 1995 21 0.00% 0.00% 1996 21 0.00% 0.00% 1997 20 0.00% 0.00% 1998 20 0.03% 0.00% 1999 20 0.00% 0.00% 2000 20 0.00% 0.00% 2001 20 0.00% 0.00% 2002 20 0.00% 0.00% 2003 20 0.00% 0.00% 2004 20 0.00% 0.00% 2005 20 0.00% 0.00% _________________________________________________________________________________________________________


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4.4 AUSTRIA Footwear (million US $): Austria 1995 - 2005

Year Austria % of Region % of Globe _________________________________________________________________________________________________________ 1995 766 1.28% 0.44% 1996 711 1.19% 0.41% 1997 616 1.08% 0.36% 1998 600 1.06% 0.35% 1999 612 1.06% 0.35% 2000 626 1.07% 0.35% 2001 641 1.08% 0.35% 2002 656 1.08% 0.34% 2003 671 1.09% 0.34% 2004 687 1.09% 0.34% 2005 703 1.09% 0.34% _________________________________________________________________________________________________________


4.5 BELARUS Footwear (million US $): Belarus 1995 - 2005

Year Belarus % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,310 2.20% 0.75% 1996 1,377 2.30% 0.79% 1997 1,302 2.29% 0.76% 1998 996 1.76% 0.59% 1999 993 1.73% 0.57% 2000 1,052 1.80% 0.59% 2001 1,115 1.88% 0.61% 2002 1,181 1.95% 0.62% 2003 1,251 2.03% 0.64% 2004 1,326 2.11% 0.66% 2005 1,406 2.19% 0.67% _________________________________________________________________________________________________________


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4.6 BELGIUM Footwear (million US $): Belgium 1995 - 2005

Year Belgium % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,299 2.18% 0.75% 1996 1,260 2.11% 0.72% 1997 1,135 2.00% 0.66% 1998 1,129 1.99% 0.66% 1999 1,228 2.14% 0.71% 2000 1,350 2.31% 0.76% 2001 1,485 2.50% 0.81% 2002 1,634 2.70% 0.87% 2003 1,797 2.92% 0.92% 2004 1,977 3.15% 0.98% 2005 2,175 3.39% 1.05% _________________________________________________________________________________________________________


4.7 BOSNIA AND HERZEGOVINA Footwear (million US $): Bosnia and Herzegovina 1995 - 2005

Year Bosnia and Herzegovina % of Region % of Globe _________________________________________________________________________________________________________ 1995 288 0.48% 0.16% 1996 289 0.48% 0.16% 1997 282 0.49% 0.16% 1998 280 0.49% 0.16% 1999 281 0.49% 0.16% 2000 281 0.48% 0.15% 2001 282 0.47% 0.15% 2002 283 0.46% 0.15% 2003 283 0.46% 0.14% 2004 284 0.45% 0.14% 2005 284 0.44% 0.13% _________________________________________________________________________________________________________


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4.8 BULGARIA Footwear (million US $): Bulgaria 1995 - 2005

Year Bulgaria % of Region % of Globe _________________________________________________________________________________________________________ 1995 40 0.00% 0.00% 1996 36 0.00% 0.00% 1997 37 0.00% 0.00% 1998 37 0.00% 0.00% 1999 40 0.00% 0.00% 2000 43 0.00% 0.00% 2001 47 0.00% 0.00% 2002 52 0.08% 0.00% 2003 57 0.00% 0.00% 2004 62 0.00% 0.00% 2005 68 0.10% 0.00% _________________________________________________________________________________________________________


4.9 CROATIA Footwear (million US $): Croatia 1995 - 2005

Year Croatia % of Region % of Globe _________________________________________________________________________________________________________ 1995 109 0.18% 0.00% 1996 106 0.17% 0.00% 1997 104 0.18% 0.00% 1998 103 0.18% 0.00% 1999 105 0.18% 0.00% 2000 109 0.18% 0.00% 2001 112 0.18% 0.00% 2002 116 0.19% 0.00% 2003 121 0.19% 0.00% 2004 125 0.19% 0.00% 2005 131 0.20% 0.00% _________________________________________________________________________________________________________


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4.10 CYPRUS Footwear (million US $): Cyprus 1995 - 2005

Year Cyprus % of Region % of Globe _________________________________________________________________________________________________________ 1995 162 0.27% 0.00% 1996 160 0.26% 0.00% 1997 154 0.27% 0.00% 1998 151 0.26% 0.00% 1999 149 0.25% 0.00% 2000 147 0.25% 0.00% 2001 149 0.25% 0.00% 2002 152 0.25% 0.00% 2003 154 0.25% 0.00% 2004 157 0.25% 0.00% 2005 160 0.24% 0.00% _________________________________________________________________________________________________________


4.11 CZECH REPUBLIC Footwear (million US $): Czech Republic 1995 - 2005

Year Czech Republic % of Region % of Globe _________________________________________________________________________________________________________ 1995 807 1.35% 0.46% 1996 795 1.33% 0.45% 1997 745 1.31% 0.43% 1998 758 1.34% 0.44% 1999 777 1.35% 0.45% 2000 795 1.36% 0.44% 2001 813 1.37% 0.44% 2002 832 1.37% 0.44% 2003 851 1.38% 0.43% 2004 871 1.38% 0.43% 2005 891 1.39% 0.43% _________________________________________________________________________________________________________


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4.12 DENMARK Footwear (million US $): Denmark 1995 - 2005

Year Denmark % of Region % of Globe _________________________________________________________________________________________________________ 1995 640 1.07% 0.37% 1996 635 1.06% 0.36% 1997 590 1.04% 0.34% 1998 595 1.05% 0.35% 1999 604 1.05% 0.35% 2000 613 1.05% 0.34% 2001 621 1.04% 0.34% 2002 630 1.04% 0.33% 2003 638 1.03% 0.32% 2004 647 1.03% 0.32% 2005 656 1.02% 0.31% _________________________________________________________________________________________________________


4.13 ESTONIA Footwear (million US $): Estonia 1995 - 2005

Year Estonia % of Region % of Globe _________________________________________________________________________________________________________ 1995 254 0.42% 0.14% 1996 247 0.41% 0.14% 1997 235 0.41% 0.13% 1998 227 0.40% 0.13% 1999 221 0.38% 0.12% 2000 217 0.37% 0.12% 2001 222 0.37% 0.12% 2002 229 0.37% 0.12% 2003 236 0.38% 0.12% 2004 243 0.38% 0.12% 2005 251 0.39% 0.12% _________________________________________________________________________________________________________


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4.14 FINLAND Footwear (million US $): Finland 1995 - 2005

Year Finland % of Region % of Globe _________________________________________________________________________________________________________ 1995 501 0.84% 0.28% 1996 510 0.85% 0.29% 1997 493 0.87% 0.28% 1998 490 0.86% 0.29% 1999 491 0.85% 0.28% 2000 492 0.84% 0.27% 2001 493 0.83% 0.27% 2002 494 0.81% 0.26% 2003 494 0.80% 0.25% 2004 495 0.78% 0.24% 2005 496 0.77% 0.23% _________________________________________________________________________________________________________


4.15 FRANCE Footwear (million US $): France 1995 - 2005

Year France % of Region % of Globe _________________________________________________________________________________________________________ 1995 9,293 15.63% 5.37% 1996 9,200 15.43% 5.31% 1997 8,423 14.87% 4.95% 1998 8,347 14.78% 4.94% 1999 8,407 14.67% 4.88% 2000 8,467 14.53% 4.78% 2001 8,528 14.38% 4.68% 2002 8,590 14.23% 4.57% 2003 8,652 14.06% 4.46% 2004 8,714 13.89% 4.35% 2005 8,777 13.71% 4.24% _________________________________________________________________________________________________________


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4.16 GEORGIA Footwear (million US $): Georgia 1995 - 2005

Year Georgia % of Region % of Globe _________________________________________________________________________________________________________ 1995 317 0.53% 0.18% 1996 317 0.53% 0.18% 1997 303 0.53% 0.17% 1998 300 0.53% 0.17% 1999 302 0.52% 0.17% 2000 304 0.52% 0.17% 2001 307 0.51% 0.16% 2002 309 0.51% 0.16% 2003 312 0.50% 0.16% 2004 315 0.50% 0.15% 2005 318 0.49% 0.15% _________________________________________________________________________________________________________


4.17 GERMANY Footwear (million US $): Germany 1995 - 2005

Year Germany % of Region % of Globe _________________________________________________________________________________________________________ 1995 12,273 20.65% 7.10% 1996 11,524 19.32% 6.65% 1997 10,227 18.06% 6.01% 1998 9,715 17.20% 5.76% 1999 9,667 16.86% 5.61% 2000 9,672 16.60% 5.46% 2001 9,678 16.32% 5.31% 2002 9,683 16.04% 5.15% 2003 9,689 15.75% 5.00% 2004 9,695 15.45% 4.84% 2005 9,700 15.16% 4.69% _________________________________________________________________________________________________________


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4.18 GREECE Footwear (million US $): Greece 1995 - 2005

Year Greece % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,461 2.45% 0.84% 1996 1,631 2.73% 0.94% 1997 1,601 2.82% 0.94% 1998 1,625 2.87% 0.96% 1999 1,665 2.90% 0.96% 2000 1,706 2.92% 0.96% 2001 1,748 2.94% 0.95% 2002 1,791 2.96% 0.95% 2003 1,835 2.98% 0.94% 2004 1,880 2.99% 0.94% 2005 1,926 3.01% 0.93% _________________________________________________________________________________________________________


4.19 HUNGARY Footwear (million US $): Hungary 1995 - 2005

Year Hungary % of Region % of Globe _________________________________________________________________________________________________________ 1995 395 0.66% 0.22% 1996 397 0.66% 0.22% 1997 391 0.69% 0.22% 1998 397 0.70% 0.23% 1999 405 0.70% 0.23% 2000 414 0.71% 0.23% 2001 423 0.71% 0.23% 2002 432 0.71% 0.22% 2003 441 0.71% 0.22% 2004 450 0.71% 0.22% 2005 460 0.71% 0.22% _________________________________________________________________________________________________________


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4.20 ICELAND Footwear (million US $): Iceland 1995 - 2005

Year Iceland % of Region % of Globe _________________________________________________________________________________________________________ 1995 162 0.27% 0.00% 1996 160 0.26% 0.09% 1997 154 0.27% 0.00% 1998 150 0.26% 0.00% 1999 148 0.25% 0.08% 2000 147 0.25% 0.00% 2001 149 0.25% 0.00% 2002 152 0.25% 0.00% 2003 154 0.25% 0.00% 2004 157 0.25% 0.07% 2005 160 0.25% 0.00% _________________________________________________________________________________________________________


4.21 IRELAND Footwear (million US $): Ireland 1995 - 2005

Year Ireland % of Region % of Globe _________________________________________________________________________________________________________ 1995 516 0.86% 0.29% 1996 538 0.90% 0.31% 1997 565 0.99% 0.33% 1998 585 1.03% 0.34% 1999 592 1.03% 0.34% 2000 598 1.02% 0.33% 2001 604 1.01% 0.33% 2002 610 1.00% 0.32% 2003 615 1.00% 0.31% 2004 621 0.99% 0.31% 2005 627 0.98% 0.30% _________________________________________________________________________________________________________


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4.22 ITALY Footwear (million US $): Italy 1995 - 2005

Year Italy % of Region % of Globe _________________________________________________________________________________________________________ 1995 9,432 15.87% 5.45% 1996 9,952 16.69% 5.74% 1997 9,413 16.62% 5.53% 1998 9,282 16.43% 5.50% 1999 9,337 16.29% 5.42% 2000 9,407 16.14% 5.31% 2001 9,477 15.98% 5.20% 2002 9,548 15.81% 5.08% 2003 9,619 15.63% 4.96% 2004 9,691 15.45% 4.84% 2005 9,764 15.25% 4.72% _________________________________________________________________________________________________________


4.23 KAZAKHSTAN Footwear (million US $): Kazakhstan 1995 - 2005

Year Kazakhstan % of Region % of Globe _________________________________________________________________________________________________________ 1995 370 0.62% 0.21% 1996 383 0.64% 0.22% 1997 353 0.62% 0.20% 1998 284 0.50% 0.16% 1999 280 0.48% 0.16% 2000 290 0.49% 0.16% 2001 300 0.50% 0.16% 2002 310 0.51% 0.16% 2003 321 0.52% 0.16% 2004 332 0.52% 0.16% 2005 343 0.53% 0.16% _________________________________________________________________________________________________________


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4.24 LATVIA Footwear (million US $): Latvia 1995 - 2005

Year Latvia % of Region % of Globe _________________________________________________________________________________________________________ 1995 391 0.65% 0.22% 1996 393 0.65% 0.22% 1997 385 0.67% 0.22% 1998 384 0.67% 0.22% 1999 385 0.67% 0.22% 2000 387 0.66% 0.21% 2001 387 0.65% 0.21% 2002 387 0.64% 0.20% 2003 387 0.62% 0.19% 2004 386 0.61% 0.19% 2005 386 0.60% 0.18% _________________________________________________________________________________________________________


4.25 LIECHTENSTEIN Footwear (million US $): Liechtenstein 1995 - 2005

Year Liechtenstein % of Region % of Globe _________________________________________________________________________________________________________ 1995 21 0.03% 0.00% 1996 21 0.03% 0.00% 1997 20 0.00% 0.00% 1998 20 0.00% 0.00% 1999 20 0.00% 0.00% 2000 20 0.00% 0.00% 2001 20 0.00% 0.00% 2002 20 0.00% 0.00% 2003 20 0.00% 0.00% 2004 20 0.03% 0.00% 2005 20 0.00% 0.00% _________________________________________________________________________________________________________


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4.26 LITHUANIA Footwear (million US $): Lithuania 1995 - 2005

Year Lithuania % of Region % of Globe _________________________________________________________________________________________________________ 1995 421 0.70% 0.24% 1996 422 0.70% 0.24% 1997 403 0.71% 0.23% 1998 398 0.70% 0.23% 1999 400 0.69% 0.23% 2000 402 0.68% 0.22% 2001 404 0.68% 0.22% 2002 406 0.67% 0.21% 2003 408 0.66% 0.21% 2004 410 0.65% 0.20% 2005 412 0.64% 0.19% _________________________________________________________________________________________________________


4.27 LUXEMBOURG Footwear (million US $): Luxembourg 1995 - 2005

Year Luxembourg % of Region % of Globe _________________________________________________________________________________________________________ 1995 293 0.49% 0.16% 1996 290 0.48% 0.16% 1997 279 0.49% 0.16% 1998 274 0.48% 0.16% 1999 271 0.47% 0.15% 2000 269 0.46% 0.15% 2001 272 0.45% 0.14% 2002 276 0.45% 0.14% 2003 281 0.45% 0.14% 2004 285 0.45% 0.14% 2005 289 0.45% 0.13% _________________________________________________________________________________________________________


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4.28 MACEDONIA Footwear (million US $): Macedonia 1995 - 2005

Year Macedonia % of Region % of Globe _________________________________________________________________________________________________________ 1995 174 0.29% 0.10% 1996 171 0.28% 0.00% 1997 164 0.28% 0.00% 1998 160 0.28% 0.00% 1999 157 0.27% 0.00% 2000 155 0.26% 0.08% 2001 157 0.26% 0.00% 2002 161 0.26% 0.00% 2003 164 0.26% 0.00% 2004 168 0.26% 0.00% 2005 172 0.26% 0.00% _________________________________________________________________________________________________________


4.29 MALTA Footwear (million US $): Malta 1995 - 2005

Year Malta % of Region % of Globe _________________________________________________________________________________________________________ 1995 73 0.12% 0.00% 1996 72 0.12% 0.00% 1997 68 0.12% 0.00% 1998 66 0.11% 0.00% 1999 65 0.11% 0.00% 2000 64 0.10% 0.00% 2001 65 0.10% 0.00% 2002 67 0.11% 0.00% 2003 69 0.11% 0.00% 2004 70 0.11% 0.00% 2005 72 0.11% 0.00% _________________________________________________________________________________________________________


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4.30 MOLDOVA Footwear (million US $): Moldova 1995 - 2005

Year Moldova % of Region % of Globe _________________________________________________________________________________________________________ 1995 395 0.66% 0.22% 1996 398 0.66% 0.22% 1997 390 0.68% 0.22% 1998 390 0.69% 0.23% 1999 393 0.68% 0.22% 2000 395 0.67% 0.22% 2001 394 0.66% 0.21% 2002 393 0.65% 0.20% 2003 392 0.63% 0.20% 2004 391 0.62% 0.19% 2005 390 0.60% 0.18% _________________________________________________________________________________________________________


4.31 MONACO Footwear (million US $): Monaco 1995 - 2005

Year Monaco % of Region % of Globe _________________________________________________________________________________________________________ 1995 11 0.00% 0.00% 1996 11 0.00% 0.00% 1997 11 0.01% 0.00% 1998 11 0.00% 0.00% 1999 11 0.00% 0.00% 2000 11 0.00% 0.00% 2001 11 0.00% 0.00% 2002 11 0.00% 0.00% 2003 11 0.00% 0.00% 2004 11 0.00% 0.00% 2005 11 0.00% 0.00% _________________________________________________________________________________________________________


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4.32 NETHERLANDS Footwear (million US $): Netherlands 1995 - 2005

Year Netherlands % of Region % of Globe _________________________________________________________________________________________________________ 1995 2,165 3.64% 1.25% 1996 2,063 3.45% 1.19% 1997 1,913 3.38% 1.12% 1998 1,928 3.41% 1.14% 1999 1,973 3.44% 1.14% 2000 2,018 3.46% 1.14% 2001 2,064 3.48% 1.13% 2002 2,112 3.49% 1.12% 2003 2,160 3.51% 1.11% 2004 2,210 3.52% 1.10% 2005 2,261 3.53% 1.09% _________________________________________________________________________________________________________


4.33 NORWAY Footwear (million US $): Norway 1995 - 2005

Year Norway % of Region % of Globe _________________________________________________________________________________________________________ 1995 657 1.10% 0.38% 1996 626 1.04% 0.36% 1997 609 1.07% 0.35% 1998 615 1.08% 0.36% 1999 624 1.08% 0.36% 2000 633 1.08% 0.35% 2001 643 1.08% 0.35% 2002 652 1.08% 0.34% 2003 662 1.07% 0.34% 2004 672 1.07% 0.33% 2005 682 1.06% 0.32% _________________________________________________________________________________________________________


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4.34 POLAND Footwear (million US $): Poland 1995 - 2005

Year Poland % of Region % of Globe _________________________________________________________________________________________________________ 1995 807 1.35% 0.46% 1996 932 1.56% 0.53% 1997 970 1.71% 0.57% 1998 1,132 2.00% 0.67% 1999 1,258 2.19% 0.73% 2000 1,383 2.37% 0.78% 2001 1,522 2.56% 0.83% 2002 1,674 2.77% 0.89% 2003 1,841 2.99% 0.95% 2004 2,025 3.22% 1.01% 2005 2,228 3.48% 1.07% _________________________________________________________________________________________________________


4.35 PORTUGAL Footwear (million US $): Portugal 1995 - 2005

Year Portugal % of Region % of Globe _________________________________________________________________________________________________________ 1995 749 1.26% 0.43% 1996 773 1.29% 0.44% 1997 717 1.26% 0.42% 1998 719 1.27% 0.42% 1999 733 1.27% 0.42% 2000 748 1.28% 0.42% 2001 762 1.28% 0.41% 2002 778 1.28% 0.41% 2003 793 1.28% 0.40% 2004 809 1.28% 0.40% 2005 825 1.28% 0.39% _________________________________________________________________________________________________________


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4.36 ROMANIA Footwear (million US $): Romania 1995 - 2005

Year Romania % of Region % of Globe _________________________________________________________________________________________________________ 1995 160 0.26% 0.00% 1996 176 0.29% 0.10% 1997 221 0.39% 0.12% 1998 508 0.89% 0.30% 1999 600 1.04% 0.34% 2000 655 1.12% 0.37% 2001 716 1.20% 0.39% 2002 782 1.29% 0.41% 2003 854 1.38% 0.44% 2004 933 1.48% 0.46% 2005 1,019 1.59% 0.49% _________________________________________________________________________________________________________


4.37 RUSSIA Footwear (million US $): Russia 1995 - 2005

Year Russia % of Region % of Globe _________________________________________________________________________________________________________ 1995 816 1.37% 0.47% 1996 809 1.35% 0.46% 1997 746 1.31% 0.43% 1998 692 1.22% 0.41% 1999 719 1.25% 0.41% 2000 761 1.30% 0.43% 2001 805 1.35% 0.44% 2002 852 1.41% 0.45% 2003 902 1.46% 0.46% 2004 954 1.52% 0.47% 2005 1,010 1.57% 0.48% _________________________________________________________________________________________________________


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4.38 SERBIA AND MONTENEGRO Footwear (million US $): Serbia and Montenegro 1995 - 2005

Year Serbia and Montenegro % of Region % of Globe _________________________________________________________________________________________________________ 1995 74 0.12% 0.00% 1996 71 0.11% 0.00% 1997 71 0.12% 0.00% 1998 70 0.12% 0.04% 1999 72 0.12% 0.00% 2000 76 0.13% 0.00% 2001 80 0.13% 0.00% 2002 84 0.13% 0.00% 2003 89 0.14% 0.00% 2004 94 0.14% 0.00% 2005 99 0.15% 0.00% _________________________________________________________________________________________________________


4.39 SLOVAKIA Footwear (million US $): Slovakia 1995 - 2005

Year Slovakia % of Region % of Globe _________________________________________________________________________________________________________ 1995 439 0.73% 0.25% 1996 464 0.77% 0.26% 1997 462 0.81% 0.27% 1998 474 0.83% 0.28% 1999 489 0.85% 0.28% 2000 505 0.86% 0.28% 2001 522 0.88% 0.28% 2002 539 0.89% 0.28% 2003 557 0.90% 0.28% 2004 575 0.91% 0.28% 2005 594 0.92% 0.28% _________________________________________________________________________________________________________


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4.40 SLOVENIA Footwear (million US $): Slovenia 1995 - 2005

Year Slovenia % of Region % of Globe _________________________________________________________________________________________________________ 1995 386 0.64% 0.22% 1996 387 0.64% 0.22% 1997 369 0.65% 0.21% 1998 366 0.64% 0.21% 1999 367 0.64% 0.21% 2000 369 0.63% 0.20% 2001 372 0.62% 0.20% 2002 374 0.61% 0.19% 2003 376 0.61% 0.19% 2004 379 0.60% 0.18% 2005 381 0.59% 0.18% _________________________________________________________________________________________________________


4.41 SPAIN Footwear (million US $): Spain 1995 - 2005

Year Spain % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,403 2.36% 0.81% 1996 1,579 2.64% 0.91% 1997 1,606 2.83% 0.94% 1998 1,725 3.05% 1.02% 1999 1,780 3.10% 1.03% 2000 1,822 3.12% 1.03% 2001 1,866 3.14% 1.02% 2002 1,910 3.16% 1.01% 2003 1,955 3.17% 1.00% 2004 2,001 3.19% 1.00% 2005 2,049 3.20% 0.99% _________________________________________________________________________________________________________


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4.42 SWEDEN Footwear (million US $): Sweden 1995 - 2005

Year Sweden % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,052 1.77% 0.60% 1996 1,106 1.85% 0.63% 1997 1,023 1.80% 0.60% 1998 1,015 1.79% 0.60% 1999 1,066 1.86% 0.61% 2000 1,128 1.93% 0.63% 2001 1,193 2.01% 0.65% 2002 1,262 2.09% 0.67% 2003 1,335 2.17% 0.68% 2004 1,412 2.25% 0.70% 2005 1,494 2.33% 0.72% _________________________________________________________________________________________________________


4.43 SWITZERLAND Footwear (million US $): Switzerland 1995 - 2005

Year Switzerland % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,483 2.49% 0.85% 1996 1,418 2.37% 0.81% 1997 1,251 2.20% 0.73% 1998 1,226 2.17% 0.72% 1999 1,228 2.14% 0.71% 2000 1,229 2.11% 0.69% 2001 1,231 2.07% 0.67% 2002 1,232 2.04% 0.65% 2003 1,234 2.00% 0.63% 2004 1,235 1.97% 0.61% 2005 1,237 1.93% 0.59% _________________________________________________________________________________________________________


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4.44 UKRAINE Footwear (million US $): Ukraine 1995 - 2005

Year Ukraine % of Region % of Globe _________________________________________________________________________________________________________ 1995 154 0.25% 0.00% 1996 122 0.20% 0.00% 1997 97 0.17% 0.00% 1998 61 0.10% 0.00% 1999 54 0.00% 0.00% 2000 53 0.00% 0.00% 2001 51 0.00% 0.00% 2002 49 0.00% 0.00% 2003 48 0.00% 0.00% 2004 46 0.00% 0.02% 2005 45 0.00% 0.00% _________________________________________________________________________________________________________


4.45 UNITED KINGDOM Footwear (million US $): United Kingdom 1995 - 2005

Year United Kingdom % of Region % of Globe _________________________________________________________________________________________________________ 1995 6,655 11.20% 3.85% 1996 6,853 11.49% 3.95% 1997 7,480 13.21% 4.39% 1998 7,953 14.08% 4.71% 1999 8,106 14.14% 4.70% 2000 8,213 14.09% 4.64% 2001 8,321 14.03% 4.56% 2002 8,431 13.96% 4.49% 2003 8,542 13.88% 4.41% 2004 8,654 13.79% 4.32% 2005 8,768 13.70% 4.24% _________________________________________________________________________________________________________


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5 LATIN AMERICA: FOOTWEAR

5.1 EXECUTIVE SUMMARY Market Potential for Footwear in Latin America (million US $): 2000

Country Latent Demand million US $ % of Latin America _________________________________________________________________________________________________________ Brazil 9,115 42.07% Mexico 3,870 17.86% Argentina 3,467 16.00% Chile 1,184 5.46% Peru 913 4.21% Venezuela 642 2.96% Guatemala 338 1.55% Colombia 327 1.50% Ecuador 300 1.38% Panama 274 1.26% Uruguay 260 1.20% Paraguay 186 0.85% El Salvador 164 0.75% Costa Rica 164 0.75% Bolivia 153 0.70% Honduras 150 0.69% Nicaragua 83 0.38% Suriname 38 0.17% Belize 10 0.00% Guyana 8 0.03% Total 21,646 100.00% _________________________________________________________________________________________________________


Market Potential for Footwear in Latin America (million US $): 2000

Brazil

MexicoArgentina

Chile

Other

Footwear 80


The Market for Footwear in Latin America: 1995 - 2005 Year million US $ % of Globe _________________________________________________________________________________________________________ 1995 20,979.73 12.14 1996 20,140.82 11.63 1997 20,325.19 11.96 1998 20,454.67 12.13 1999 20,998.42 12.19 2000 21,663.87 12.25 2001 22,424.09 12.31 2002 23,242.15 12.38 2003 24,114.17 12.45 2004 25,044.85 12.52 2005 26,039.34 12.59 _________________________________________________________________________________________________________


5.2 ARGENTINA Footwear (million US $): Argentina 1995 - 2005

Year Argentina % of Region % of Globe _________________________________________________________________________________________________________ 1995 3,113 14.83% 1.80% 1996 3,159 15.68% 1.82% 1997 3,165 15.56% 1.86% 1998 3,334 16.29% 1.97% 1999 3,411 16.24% 1.98% 2000 3,467 16.00% 1.96% 2001 3,525 15.71% 1.93% 2002 3,583 15.41% 1.90% 2003 3,643 15.10% 1.88% 2004 3,703 14.78% 1.85% 2005 3,765 14.45% 1.82% _________________________________________________________________________________________________________


Footwear 81


5.3 BELIZE Footwear (million US $): Belize 1995 - 2005

Year Belize % of Region % of Globe _________________________________________________________________________________________________________ 1995 11 0.00% 0.00% 1996 11 0.00% 0.00% 1997 11 0.00% 0.00% 1998 10 0.00% 0.00% 1999 10 0.00% 0.00% 2000 10 0.00% 0.00% 2001 10 0.00% 0.00% 2002 11 0.00% 0.00% 2003 11 0.00% 0.00% 2004 11 0.00% 0.00% 2005 11 0.00% 0.00% _________________________________________________________________________________________________________


5.4 BOLIVIA Footwear (million US $): Bolivia 1995 - 2005

Year Bolivia % of Region % of Globe _________________________________________________________________________________________________________ 1995 171 0.81% 0.00% 1996 168 0.83% 0.00% 1997 161 0.79% 0.00% 1998 158 0.77% 0.00% 1999 155 0.73% 0.00% 2000 153 0.70% 0.00% 2001 156 0.69% 0.00% 2002 159 0.68% 0.00% 2003 162 0.67% 0.00% 2004 165 0.66% 0.00% 2005 169 0.64% 0.08% _________________________________________________________________________________________________________


Footwear 82


5.5 BRAZIL Footwear (million US $): Brazil 1995 - 2005

Year Brazil % of Region % of Globe _________________________________________________________________________________________________________ 1995 9,425 44.92% 5.45% 1996 9,130 45.33% 5.27% 1997 8,896 43.76% 5.23% 1998 8,837 43.20% 5.24% 1999 8,962 42.67% 5.20% 2000 9,115 42.07% 5.15% 2001 9,271 41.34% 5.09% 2002 9,430 40.57% 5.02% 2003 9,592 39.77% 4.95% 2004 9,756 38.95% 4.87% 2005 9,924 38.11% 4.79% _________________________________________________________________________________________________________


5.6 CHILE Footwear (million US $): Chile 1995 - 2005

Year Chile % of Region % of Globe _________________________________________________________________________________________________________ 1995 766 3.65% 0.44% 1996 853 4.23% 0.49% 1997 959 4.71% 0.56% 1998 1,057 5.16% 0.62% 1999 1,122 5.34% 0.65% 2000 1,184 5.46% 0.66% 2001 1,250 5.57% 0.68% 2002 1,320 5.67% 0.70% 2003 1,393 5.77% 0.71% 2004 1,470 5.87% 0.73% 2005 1,552 5.96% 0.75% _________________________________________________________________________________________________________


Footwear 83


5.7 COLOMBIA Footwear (million US $): Colombia 1995 - 2005

Year Colombia % of Region % of Globe _________________________________________________________________________________________________________ 1995 296 1.41% 0.17% 1996 308 1.52% 0.17% 1997 326 1.60% 0.19% 1998 312 1.52% 0.18% 1999 317 1.51% 0.18% 2000 327 1.50% 0.18% 2001 337 1.50% 0.18% 2002 348 1.49% 0.18% 2003 358 1.48% 0.18% 2004 370 1.47% 0.18% 2005 381 1.46% 0.18% _________________________________________________________________________________________________________


5.8 COSTA RICA Footwear (million US $): Costa Rica 1995 - 2005

Year Costa Rica % of Region % of Globe _________________________________________________________________________________________________________ 1995 178 0.84% 0.10% 1996 176 0.87% 0.10% 1997 170 0.83% 0.00% 1998 167 0.81% 0.09% 1999 165 0.78% 0.00% 2000 164 0.75% 0.00% 2001 165 0.73% 0.00% 2002 168 0.72% 0.00% 2003 170 0.70% 0.00% 2004 173 0.68% 0.00% 2005 175 0.67% 0.00% _________________________________________________________________________________________________________


Footwear 84


5.9 ECUADOR Footwear (million US $): Ecuador 1995 - 2005

Year Ecuador % of Region % of Globe _________________________________________________________________________________________________________ 1995 324 1.54% 0.18% 1996 321 1.59% 0.18% 1997 310 1.52% 0.18% 1998 305 1.49% 0.18% 1999 302 1.43% 0.17% 2000 300 1.38% 0.16% 2001 303 1.35% 0.16% 2002 307 1.32% 0.16% 2003 312 1.29% 0.16% 2004 316 1.26% 0.15% 2005 320 1.22% 0.15% _________________________________________________________________________________________________________


5.10 EL SALVADOR Footwear (million US $): El Salvador 1995 - 2005

Year El Salvador % of Region % of Globe _________________________________________________________________________________________________________ 1995 193 0.91% 0.11% 1996 188 0.93% 0.10% 1997 178 0.87% 0.10% 1998 172 0.84% 0.10% 1999 167 0.79% 0.00% 2000 164 0.75% 0.00% 2001 168 0.74% 0.00% 2002 173 0.74% 0.00% 2003 179 0.74% 0.00% 2004 185 0.73% 0.00% 2005 190 0.73% 0.00% _________________________________________________________________________________________________________


Footwear 85


5.11 GUATEMALA Footwear (million US $): Guatemala 1995 - 2005

Year Guatemala % of Region % of Globe _________________________________________________________________________________________________________ 1995 388 1.84% 0.22% 1996 379 1.88% 0.21% 1997 362 1.77% 0.21% 1998 351 1.71% 0.20% 1999 343 1.63% 0.19% 2000 338 1.55% 0.19% 2001 345 1.53% 0.18% 2002 354 1.52% 0.18% 2003 363 1.50% 0.18% 2004 373 1.48% 0.18% 2005 383 1.47% 0.18% _________________________________________________________________________________________________________


5.12 GUYANA Footwear (million US $): Guyana 1995 - 2005

Year Guyana % of Region % of Globe _________________________________________________________________________________________________________ 1995 9 0.00% 0.00% 1996 9 0.04% 0.00% 1997 8 0.00% 0.00% 1998 8 0.03% 0.00% 1999 8 0.03% 0.00% 2000 8 0.03% 0.00% 2001 8 0.00% 0.00% 2002 8 0.00% 0.00% 2003 8 0.00% 0.00% 2004 9 0.00% 0.00% 2005 9 0.00% 0.00% _________________________________________________________________________________________________________


Footwear 86


5.13 HONDURAS Footwear (million US $): Honduras 1995 - 2005

Year Honduras % of Region % of Globe _________________________________________________________________________________________________________ 1995 169 0.80% 0.00% 1996 166 0.82% 0.00% 1997 159 0.78% 0.00% 1998 155 0.75% 0.00% 1999 152 0.72% 0.00% 2000 150 0.69% 0.00% 2001 153 0.68% 0.08% 2002 156 0.67% 0.00% 2003 160 0.66% 0.00% 2004 163 0.65% 0.00% 2005 167 0.64% 0.00% _________________________________________________________________________________________________________


5.14 MEXICO Footwear (million US $): Mexico 1995 - 2005

Year Mexico % of Region % of Globe _________________________________________________________________________________________________________ 1995 3,549 16.91% 2.05% 1996 2,953 14.66% 1.70% 1997 3,188 15.68% 1.87% 1998 3,241 15.84% 1.92% 1999 3,518 16.75% 2.04% 2000 3,870 17.86% 2.18% 2001 4,257 18.98% 2.33% 2002 4,683 20.14% 2.49% 2003 5,151 21.36% 2.66% 2004 5,667 22.62% 2.83% 2005 6,233 23.93% 3.01% _________________________________________________________________________________________________________


Footwear 87


5.15 NICARAGUA Footwear (million US $): Nicaragua 1995 - 2005

Year Nicaragua % of Region % of Globe _________________________________________________________________________________________________________ 1995 93 0.44% 0.05% 1996 92 0.45% 0.00% 1997 88 0.43% 0.00% 1998 85 0.41% 0.00% 1999 84 0.39% 0.04% 2000 83 0.38% 0.00% 2001 84 0.37% 0.00% 2002 86 0.36% 0.00% 2003 88 0.36% 0.00% 2004 90 0.35% 0.00% 2005 92 0.35% 0.00% _________________________________________________________________________________________________________


5.16 PANAMA Footwear (million US $): Panama 1995 - 2005

Year Panama % of Region % of Globe _________________________________________________________________________________________________________ 1995 299 1.42% 0.17% 1996 296 1.46% 0.17% 1997 285 1.40% 0.16% 1998 279 1.36% 0.16% 1999 276 1.31% 0.16% 2000 274 1.26% 0.15% 2001 277 1.23% 0.15% 2002 282 1.21% 0.15% 2003 286 1.18% 0.14% 2004 291 1.16% 0.14% 2005 295 1.13% 0.14% _________________________________________________________________________________________________________


Footwear 88


5.17 PARAGUAY Footwear (million US $): Paraguay 1995 - 2005

Year Paraguay % of Region % of Globe _________________________________________________________________________________________________________ 1995 210 0.99% 0.12% 1996 206 1.02% 0.11% 1997 197 0.96% 0.11% 1998 192 0.93% 0.11% 1999 188 0.89% 0.10% 2000 186 0.85% 0.10% 2001 189 0.84% 0.10% 2002 193 0.83% 0.10% 2003 198 0.81% 0.10% 2004 202 0.80% 0.10% 2005 207 0.79% 0.10% _________________________________________________________________________________________________________


5.18 PERU Footwear (million US $): Peru 1995 - 2005

Year Peru % of Region % of Globe _________________________________________________________________________________________________________ 1995 636 3.02% 0.36% 1996 697 3.46% 0.40% 1997 760 3.73% 0.44% 1998 824 4.02% 0.48% 1999 869 4.13% 0.50% 2000 913 4.21% 0.51% 2001 959 4.27% 0.52% 2002 1,007 4.33% 0.53% 2003 1,058 4.38% 0.54% 2004 1,112 4.44% 0.55% 2005 1,169 4.48% 0.56% _________________________________________________________________________________________________________


Footwear 89


5.19 SURINAME Footwear (million US $): Suriname 1995 - 2005

Year Suriname % of Region % of Globe _________________________________________________________________________________________________________ 1995 39 0.18% 0.00% 1996 39 0.19% 0.00% 1997 38 0.18% 0.00% 1998 38 0.18% 0.02% 1999 38 0.18% 0.00% 2000 38 0.17% 0.00% 2001 38 0.16% 0.00% 2002 38 0.16% 0.00% 2003 39 0.15% 0.00% 2004 39 0.15% 0.01% 2005 39 0.14% 0.00% _________________________________________________________________________________________________________


5.20 URUGUAY Footwear (million US $): Uruguay 1995 - 2005

Year Uruguay % of Region % of Globe _________________________________________________________________________________________________________ 1995 261 1.24% 0.15% 1996 263 1.30% 0.15% 1997 258 1.26% 0.15% 1998 257 1.25% 0.15% 1999 259 1.23% 0.15% 2000 260 1.20% 0.14% 2001 260 1.15% 0.14% 2002 259 1.11% 0.13% 2003 259 1.07% 0.13% 2004 258 1.03% 0.12% 2005 258 0.99% 0.12% _________________________________________________________________________________________________________


Footwear 90


5.21 VENEZUELA Footwear (million US $): Venezuela 1995 - 2005

Year Venezuela % of Region % of Globe _________________________________________________________________________________________________________ 1995 832 3.96% 0.48% 1996 710 3.52% 0.40% 1997 790 3.88% 0.46% 1998 654 3.19% 0.38% 1999 635 3.02% 0.36% 2000 642 2.96% 0.36% 2001 650 2.89% 0.35% 2002 658 2.83% 0.35% 2003 666 2.76% 0.34% 2004 674 2.69% 0.33% 2005 682 2.62% 0.33% _________________________________________________________________________________________________________


Footwear 91


6 NORTH AMERICA & THE CARIBBEAN: FOOTWEAR

6.1 EXECUTIVE SUMMARY Market Potential for Footwear in North America & the Caribbean (million US $):

2000 Country Latent Demand million US $ % of North America & the Caribbean _________________________________________________________________________________________________________ United States 39,215 92.33% Canada 1,820 4.28% Dominican Republic 207 0.48% Cuba 206 0.48% Trinidad and Tobago 115 0.27% Jamaica 84 0.19% Bahamas 79 0.18% Haiti 69 0.16% Martinique 52 0.12% Barbados 42 0.00% Netherlands Antilles 40 0.00% Bermuda 36 0.08% St. Lucia 10 0.00% Antigua and Barbuda 10 0.00% Grenada 6 0.00% St. Vincent and the Grenadines 5 0.00% St. Kitts and Nevis 4 0.00% Dominica 3 0.00% Total 42,003 100.00% _________________________________________________________________________________________________________


Footwear 92


Market Potential for Footwear in North America & the Caribbean (million US $): 2000

United States

CanadaDominican RepublicCuba

Other

The Market for Footwear in North America & the Caribbean: 1995 - 2005



Footwear 93


6.2 ANTIGUA AND BARBUDA Footwear (million US $): Antigua and Barbuda 1995 - 2005

Year Antigua and Barbuda % of Region % of Globe _________________________________________________________________________________________________________ 1995 11 0.00% 0.00% 1996 11 0.00% 0.00% 1997 11 0.00% 0.00% 1998 10 0.00% 0.00% 1999 10 0.00% 0.00% 2000 10 0.00% 0.00% 2001 10 0.00% 0.00% 2002 10 0.00% 0.00% 2003 11 0.00% 0.00% 2004 11 0.00% 0.00% 2005 11 0.00% 0.00% _________________________________________________________________________________________________________


6.3 BAHAMAS Footwear (million US $): Bahamas 1995 - 2005

Year Bahamas % of Region % of Globe _________________________________________________________________________________________________________ 1995 85 0.22% 0.00% 1996 84 0.21% 0.00% 1997 81 0.20% 0.00% 1998 80 0.19% 0.00% 1999 79 0.18% 0.00% 2000 79 0.18% 0.00% 2001 80 0.18% 0.00% 2002 81 0.18% 0.00% 2003 82 0.18% 0.04% 2004 82 0.18% 0.00% 2005 83 0.18% 0.00% _________________________________________________________________________________________________________


Footwear 94


6.4 BARBADOS Footwear (million US $): Barbados 1995 - 2005

Year Barbados % of Region % of Globe _________________________________________________________________________________________________________ 1995 45 0.11% 0.00% 1996 44 0.11% 0.00% 1997 43 0.10% 0.00% 1998 42 0.10% 0.00% 1999 42 0.00% 0.00% 2000 42 0.00% 0.00% 2001 42 0.00% 0.00% 2002 42 0.00% 0.00% 2003 43 0.00% 0.00% 2004 43 0.00% 0.00% 2005 44 0.00% 0.00% _________________________________________________________________________________________________________


6.5 BERMUDA Footwear (million US $): Bermuda 1995 - 2005

Year Bermuda % of Region % of Globe _________________________________________________________________________________________________________ 1995 39 0.10% 0.00% 1996 39 0.09% 0.00% 1997 37 0.00% 0.00% 1998 37 0.00% 0.02% 1999 36 0.08% 0.00% 2000 36 0.08% 0.00% 2001 36 0.00% 0.00% 2002 37 0.00% 0.00% 2003 37 0.00% 0.01% 2004 38 0.00% 0.00% 2005 39 0.00% 0.00% _________________________________________________________________________________________________________


Footwear 95


6.6 CANADA Footwear (million US $): Canada 1995 - 2005

Year Canada % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,855 4.91% 1.07% 1996 1,871 4.81% 1.08% 1997 1,849 4.62% 1.08% 1998 1,794 4.35% 1.06% 1999 1,801 4.30% 1.04% 2000 1,820 4.28% 1.02% 2001 1,839 4.26% 1.00% 2002 1,858 4.24% 0.98% 2003 1,877 4.23% 0.96% 2004 1,896 4.21% 0.94% 2005 1,916 4.19% 0.92% _________________________________________________________________________________________________________


6.7 CUBA Footwear (million US $): Cuba 1995 - 2005

Year Cuba % of Region % of Globe _________________________________________________________________________________________________________ 1995 213 0.56% 0.12% 1996 211 0.54% 0.12% 1997 203 0.50% 0.11% 1998 201 0.48% 0.11% 1999 203 0.48% 0.11% 2000 206 0.48% 0.11% 2001 209 0.48% 0.11% 2002 213 0.48% 0.11% 2003 216 0.48% 0.11% 2004 220 0.48% 0.11% 2005 224 0.49% 0.10% _________________________________________________________________________________________________________


Footwear 96


6.8 DOMINICA Footwear (million US $): Dominica 1995 - 2005

Year Dominica % of Region % of Globe _________________________________________________________________________________________________________ 1995 4 0.00% 0.00% 1996 4 0.00% 0.00% 1997 3 0.00% 0.00% 1998 3 0.00% 0.00% 1999 3 0.00% 0.00% 2000 3 0.00% 0.00% 2001 3 0.00% 0.00% 2002 3 0.00% 0.00% 2003 3 0.00% 0.00% 2004 3 0.00% 0.00% 2005 3 0.00% 0.00% _________________________________________________________________________________________________________


6.9 DOMINICAN REPUBLIC Footwear (million US $): Dominican Republic 1995 - 2005

Year Dominican Republic % of Region % of Globe _________________________________________________________________________________________________________ 1995 230 0.60% 0.13% 1996 226 0.58% 0.13% 1997 217 0.54% 0.12% 1998 212 0.51% 0.12% 1999 209 0.49% 0.12% 2000 207 0.48% 0.11% 2001 210 0.48% 0.11% 2002 214 0.48% 0.11% 2003 218 0.49% 0.11% 2004 223 0.49% 0.11% 2005 227 0.49% 0.10% _________________________________________________________________________________________________________


Footwear 97


6.10 GRENADA Footwear (million US $): Grenada 1995 - 2005

Year Grenada % of Region % of Globe _________________________________________________________________________________________________________ 1995 7 0.00% 0.00% 1996 7 0.00% 0.00% 1997 7 0.00% 0.00% 1998 6 0.00% 0.00% 1999 6 0.00% 0.00% 2000 6 0.00% 0.00% 2001 6 0.00% 0.00% 2002 6 0.00% 0.00% 2003 7 0.00% 0.00% 2004 7 0.00% 0.00% 2005 7 0.00% 0.00% _________________________________________________________________________________________________________


6.11 HAITI Footwear (million US $): Haiti 1995 - 2005

Year Haiti % of Region % of Globe _________________________________________________________________________________________________________ 1995 79 0.20% 0.00% 1996 77 0.19% 0.00% 1997 74 0.18% 0.00% 1998 72 0.17% 0.00% 1999 70 0.16% 0.00% 2000 69 0.16% 0.00% 2001 71 0.16% 0.00% 2002 72 0.16% 0.00% 2003 74 0.16% 0.00% 2004 76 0.16% 0.03% 2005 78 0.17% 0.00% _________________________________________________________________________________________________________


Footwear 98


6.12 JAMAICA Footwear (million US $): Jamaica 1995 - 2005

Year Jamaica % of Region % of Globe _________________________________________________________________________________________________________ 1995 88 0.23% 0.00% 1996 87 0.22% 0.00% 1997 85 0.21% 0.00% 1998 84 0.20% 0.00% 1999 84 0.20% 0.00% 2000 84 0.19% 0.00% 2001 84 0.19% 0.00% 2002 85 0.19% 0.00% 2003 85 0.19% 0.00% 2004 86 0.19% 0.00% 2005 86 0.18% 0.00% _________________________________________________________________________________________________________


6.13 MARTINIQUE Footwear (million US $): Martinique 1995 - 2005

Year Martinique % of Region % of Globe _________________________________________________________________________________________________________ 1995 54 0.14% 0.00% 1996 54 0.13% 0.00% 1997 52 0.13% 0.00% 1998 52 0.12% 0.00% 1999 52 0.12% 0.00% 2000 52 0.12% 0.00% 2001 52 0.12% 0.02% 2002 52 0.12% 0.00% 2003 53 0.11% 0.00% 2004 53 0.11% 0.02% 2005 53 0.11% 0.02% _________________________________________________________________________________________________________


Footwear 99


6.14 NETHERLANDS ANTILLES Footwear (million US $): Netherlands Antilles 1995 - 2005

Year Netherlands Antilles % of Region % of Globe _________________________________________________________________________________________________________ 1995 42 0.11% 0.00% 1996 42 0.10% 0.00% 1997 41 0.10% 0.02% 1998 40 0.00% 0.00% 1999 40 0.00% 0.02% 2000 40 0.00% 0.00% 2001 40 0.00% 0.00% 2002 41 0.00% 0.00% 2003 41 0.09% 0.00% 2004 41 0.00% 0.02% 2005 42 0.00% 0.00% _________________________________________________________________________________________________________


6.15 ST. KITTS AND NEVIS Footwear (million US $): St. Kitts and Nevis 1995 - 2005

Year St. Kitts and Nevis % of Region % of Globe _________________________________________________________________________________________________________ 1995 4 0.00% 0.00% 1996 4 0.00% 0.00% 1997 4 0.01% 0.00% 1998 4 0.00% 0.00% 1999 4 0.00% 0.00% 2000 4 0.00% 0.00% 2001 4 0.00% 0.00% 2002 4 0.00% 0.00% 2003 4 0.00% 0.00% 2004 4 0.00% 0.00% 2005 4 0.00% 0.00% _________________________________________________________________________________________________________


Footwear 100


6.16 ST. LUCIA Footwear (million US $): St. Lucia 1995 - 2005

Year St. Lucia % of Region % of Globe _________________________________________________________________________________________________________ 1995 11 0.00% 0.00% 1996 11 0.00% 0.00% 1997 11 0.00% 0.00% 1998 11 0.02% 0.00% 1999 11 0.00% 0.00% 2000 10 0.00% 0.00% 2001 11 0.00% 0.00% 2002 11 0.00% 0.00% 2003 11 0.00% 0.00% 2004 11 0.00% 0.00% 2005 11 0.00% 0.00% _________________________________________________________________________________________________________


6.17 ST. VINCENT AND THE GRENADINES Footwear (million US $): St. Vincent and the Grenadines 1995 - 2005

Year St. Vincent and the Grenadines % of Region % of Globe _________________________________________________________________________________________________________ 1995 5 0.00% 0.00% 1996 5 0.00% 0.00% 1997 5 0.00% 0.00% 1998 5 0.01% 0.00% 1999 5 0.00% 0.00% 2000 5 0.00% 0.00% 2001 5 0.00% 0.00% 2002 5 0.01% 0.00% 2003 5 0.00% 0.00% 2004 5 0.00% 0.00% 2005 5 0.00% 0.00% _________________________________________________________________________________________________________


Footwear 101


6.18 TRINIDAD AND TOBAGO Footwear (million US $): Trinidad and Tobago 1995 - 2005

Year Trinidad and Tobago % of Region % of Globe _________________________________________________________________________________________________________ 1995 128 0.33% 0.07% 1996 126 0.32% 0.00% 1997 121 0.30% 0.00% 1998 118 0.28% 0.00% 1999 116 0.27% 0.00% 2000 115 0.27% 0.06% 2001 117 0.27% 0.00% 2002 119 0.27% 0.00% 2003 121 0.27% 0.00% 2004 124 0.27% 0.06% 2005 126 0.27% 0.00% _________________________________________________________________________________________________________


6.19 UNITED STATES Footwear (million US $): United States 1995 - 2005

Year United States % of Region % of Globe _________________________________________________________________________________________________________ 1995 34,388 91.02% 19.89% 1996 35,494 91.27% 20.48% 1997 36,685 91.71% 21.57% 1998 37,971 92.14% 22.51% 1999 38,643 92.26% 22.43% 2000 39,215 92.33% 22.17% 2001 39,795 92.36% 21.85% 2002 40,384 92.38% 21.51% 2003 40,981 92.40% 21.16% 2004 41,587 92.42% 20.79% 2005 42,203 92.44% 20.41% _________________________________________________________________________________________________________


Footwear 102


7 OCEANA: FOOTWEAR

7.1 EXECUTIVE SUMMARY Market Potential for Footwear in Oceana (million US $): 2000

Country Latent Demand million US $ % of Oceana _________________________________________________________________________________________________________ Australia 1,022 73.23% New Zealand 171 12.21% Fiji 35 2.50% Solomon Islands 7 0.52% American Samoa 6 0.42% Nauru 5 0.34% Vanuatu 5 0.34% Tonga 3 0.24% Micronesia Federation 2 0.15% Palau 2 0.13% Marshall Islands 2 0.12% Kiribati 1 0.00% Tuvalu 0 0.00% Total 1,261 100.00% _________________________________________________________________________________________________________


Market Potential for Footwear in Oceana (million US $): 2000

Australia

New ZealandFijiSolomon Islands

Other

Footwear 103


The Market for Footwear in Oceana: 1995 - 2005 Year million US $ % of Globe _________________________________________________________________________________________________________ 1995 1,506.94 0.87 1996 1,582.97 0.91 1997 1,507.24 0.89 1998 1,357.69 0.81 1999 1,362.11 0.79 2000 1,395.50 0.79 2001 1,431.36 0.79 2002 1,468.62 0.78 2003 1,507.13 0.78 2004 1,546.92 0.77 2005 1,588.05 0.77 _________________________________________________________________________________________________________


7.2 AMERICAN SAMOA Footwear (million US $): American Samoa 1995 - 2005

Year American Samoa % of Region % of Globe _________________________________________________________________________________________________________ 1995 6 0.39% 0.00% 1996 6 0.38% 0.00% 1997 6 0.39% 0.00% 1998 6 0.43% 0.00% 1999 6 0.43% 0.00% 2000 6 0.42% 0.00% 2001 6 0.41% 0.00% 2002 6 0.40% 0.00% 2003 6 0.39% 0.00% 2004 6 0.38% 0.00% 2005 6 0.37% 0.00% _________________________________________________________________________________________________________


Footwear 104


7.3 AUSTRALIA Footwear (million US $): Australia 1995 - 2005

Year Australia % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,084 71.90% 0.62% 1996 1,153 72.81% 0.66% 1997 1,113 73.83% 0.65% 1998 996 73.34% 0.59% 1999 998 73.24% 0.57% 2000 1,022 73.23% 0.57% 2001 1,047 73.15% 0.57% 2002 1,073 73.03% 0.57% 2003 1,099 72.91% 0.56% 2004 1,126 72.77% 0.56% 2005 1,153 72.62% 0.55% _________________________________________________________________________________________________________


7.4 FIJI Footwear (million US $): Fiji 1995 - 2005

Year Fiji % of Region % of Globe _________________________________________________________________________________________________________ 1995 38 2.49% 0.00% 1996 37 2.35% 0.00% 1997 36 2.38% 0.00% 1998 35 2.61% 0.00% 1999 35 2.57% 0.00% 2000 35 2.50% 0.01% 2001 35 2.46% 0.01% 2002 36 2.43% 0.00% 2003 36 2.40% 0.00% 2004 37 2.36% 0.00% 2005 37 2.33% 0.00% _________________________________________________________________________________________________________


Footwear 105


7.5 KIRIBATI Footwear (million US $): Kiribati 1995 - 2005

Year Kiribati % of Region % of Globe _________________________________________________________________________________________________________ 1995 1 0.00% 0.00% 1996 1 0.00% 0.00% 1997 1 0.00% 0.00% 1998 1 0.10% 0.00% 1999 1 0.10% 0.00% 2000 1 0.00% 0.00% 2001 1 0.00% 0.00% 2002 1 0.09% 0.00% 2003 1 0.09% 0.00% 2004 1 0.00% 0.00% 2005 1 0.00% 0.00% _________________________________________________________________________________________________________


7.6 MARSHALL ISLANDS Footwear (million US $): Marshall Islands 1995 - 2005

Year Marshall Islands % of Region % of Globe _________________________________________________________________________________________________________ 1995 2 0.11% 0.00% 1996 2 0.11% 0.00% 1997 2 0.11% 0.00% 1998 2 0.12% 0.00% 1999 2 0.12% 0.00% 2000 2 0.12% 0.00% 2001 2 0.11% 0.00% 2002 2 0.11% 0.00% 2003 2 0.11% 0.00% 2004 2 0.11% 0.00% 2005 2 0.11% 0.00% _________________________________________________________________________________________________________


Footwear 106


7.7 MICRONESIA FEDERATION Footwear (million US $): Micronesia Federation 1995 - 2005

Year Micronesia Federation % of Region % of Globe _________________________________________________________________________________________________________ 1995 2 0.15% 0.00% 1996 2 0.14% 0.00% 1997 2 0.15% 0.00% 1998 2 0.16% 0.00% 1999 2 0.16% 0.00% 2000 2 0.15% 0.00% 2001 2 0.15% 0.00% 2002 2 0.15% 0.00% 2003 2 0.15% 0.00% 2004 2 0.14% 0.00% 2005 2 0.14% 0.00% _________________________________________________________________________________________________________


7.8 NAURU Footwear (million US $): Nauru 1995 - 2005

Year Nauru % of Region % of Globe _________________________________________________________________________________________________________ 1995 5 0.32% 0.00% 1996 5 0.31% 0.00% 1997 5 0.32% 0.00% 1998 5 0.35% 0.00% 1999 5 0.35% 0.00% 2000 5 0.34% 0.00% 2001 5 0.33% 0.00% 2002 5 0.33% 0.00% 2003 5 0.32% 0.00% 2004 5 0.31% 0.00% 2005 5 0.30% 0.00% _________________________________________________________________________________________________________


Footwear 107


7.9 NEW ZEALAND Footwear (million US $): New Zealand 1995 - 2005

Year New Zealand % of Region % of Globe _________________________________________________________________________________________________________ 1995 211 14.01% 0.12% 1996 219 13.81% 0.12% 1997 189 12.50% 0.11% 1998 158 11.64% 0.00% 1999 161 11.84% 0.00% 2000 171 12.21% 0.00% 2001 180 12.59% 0.00% 2002 191 12.97% 0.10% 2003 201 13.36% 0.10% 2004 213 13.76% 0.10% 2005 225 14.17% 0.10% _________________________________________________________________________________________________________


7.10 PALAU Footwear (million US $): Palau 1995 - 2005

Year Palau % of Region % of Globe _________________________________________________________________________________________________________ 1995 2 0.13% 0.00% 1996 2 0.12% 0.00% 1997 2 0.12% 0.00% 1998 2 0.14% 0.00% 1999 2 0.14% 0.00% 2000 2 0.13% 0.00% 2001 2 0.13% 0.00% 2002 2 0.13% 0.00% 2003 2 0.12% 0.00% 2004 2 0.12% 0.00% 2005 2 0.12% 0.00% _________________________________________________________________________________________________________


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7.11 SOLOMON ISLANDS Footwear (million US $): Solomon Islands 1995 - 2005

Year Solomon Islands % of Region % of Globe _________________________________________________________________________________________________________ 1995 9 0.58% 0.00% 1996 9 0.53% 0.00% 1997 8 0.53% 0.00% 1998 8 0.57% 0.00% 1999 8 0.55% 0.00% 2000 7 0.52% 0.00% 2001 8 0.52% 0.00% 2002 8 0.53% 0.00% 2003 8 0.53% 0.00% 2004 8 0.54% 0.00% 2005 9 0.54% 0.00% _________________________________________________________________________________________________________


7.12 TONGA Footwear (million US $): Tonga 1995 - 2005

Year Tonga % of Region % of Globe _________________________________________________________________________________________________________ 1995 4 0.25% 0.00% 1996 4 0.23% 0.00% 1997 4 0.23% 0.00% 1998 3 0.25% 0.00% 1999 3 0.25% 0.00% 2000 3 0.24% 0.00% 2001 3 0.23% 0.00% 2002 4 0.23% 0.00% 2003 4 0.23% 0.00% 2004 4 0.23% 0.00% 2005 4 0.23% 0.00% _________________________________________________________________________________________________________


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7.13 TUVALU Footwear (million US $): Tuvalu 1995 - 2005

Year Tuvalu % of Region % of Globe _________________________________________________________________________________________________________ 1995 0 0.00% 0.00% 1996 0 0.00% 0.00% 1997 0 0.00% 0.00% 1998 0 0.00% 0.00% 1999 0 0.00% 0.00% 2000 0 0.00% 0.00% 2001 0 0.00% 0.00% 2002 0 0.00% 0.00% 2003 0 0.00% 0.00% 2004 0 0.00% 0.00% 2005 0 0.00% 0.00% _________________________________________________________________________________________________________


7.14 VANUATU Footwear (million US $): Vanuatu 1995 - 2005

Year Vanuatu % of Region % of Globe _________________________________________________________________________________________________________ 1995 5 0.34% 0.00% 1996 5 0.32% 0.00% 1997 5 0.32% 0.00% 1998 5 0.36% 0.00% 1999 5 0.35% 0.00% 2000 5 0.34% 0.00% 2001 5 0.34% 0.00% 2002 5 0.33% 0.00% 2003 5 0.33% 0.00% 2004 5 0.32% 0.00% 2005 5 0.32% 0.00% _________________________________________________________________________________________________________


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8 THE MIDDLE EAST: FOOTWEAR

8.1 EXECUTIVE SUMMARY Market Potential for Footwear in the Middle East (million US $): 2000

Country Latent Demand million US $ % of the Middle East _________________________________________________________________________________________________________ Iran 4,969 32.74% Turkey 2,297 15.14% Syrian Arab Republic 1,049 6.91% Pakistan 1,000 6.59% United Arab Emirates 891 5.87% Israel 490 3.22% Uzbekistan 423 2.78% Saudi Arabia 397 2.61% Armenia 374 2.46% Oman 364 2.40% Tajikistan 358 2.35% Kyrgyzstan 342 2.25% Turkmenistan 334 2.19% Iraq 321 2.11% Yemen 298 1.96% Kuwait 239 1.57% Qatar 221 1.45% Jordan 220 1.45% Azerbaijan 174 1.14% Lebanon 151 0.99% Afghanistan 108 0.71% Bahrain 105 0.69% Total 15,127 100.00% _________________________________________________________________________________________________________


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Market Potential for Footwear in the Middle East (million US $): 2000

Iran

TurkeySyrian Arab Republic Pakistan

Other

The Market for Footwear in the Middle East: 1995 - 2005



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8.2 AFGHANISTAN Footwear (million US $): Afghanistan 1995 - 2005

Year Afghanistan % of Region % of Globe _________________________________________________________________________________________________________ 1995 111 0.72% 0.00% 1996 111 0.71% 0.00% 1997 108 0.71% 0.00% 1998 108 0.73% 0.00% 1999 108 0.72% 0.00% 2000 108 0.71% 0.00% 2001 108 0.69% 0.00% 2002 109 0.68% 0.00% 2003 109 0.66% 0.00% 2004 109 0.65% 0.00% 2005 109 0.63% 0.00% _________________________________________________________________________________________________________


8.3 ARMENIA Footwear (million US $): Armenia 1995 - 2005

Year Armenia % of Region % of Globe _________________________________________________________________________________________________________ 1995 432 2.81% 0.24% 1996 422 2.72% 0.24% 1997 402 2.65% 0.23% 1998 390 2.65% 0.23% 1999 380 2.56% 0.22% 2000 374 2.46% 0.21% 2001 382 2.45% 0.20% 2002 393 2.46% 0.20% 2003 403 2.47% 0.20% 2004 415 2.48% 0.20% 2005 426 2.48% 0.20% _________________________________________________________________________________________________________


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8.4 AZERBAIJAN Footwear (million US $): Azerbaijan 1995 - 2005

Year Azerbaijan % of Region % of Globe _________________________________________________________________________________________________________ 1995 178 1.16% 0.10% 1996 176 1.13% 0.10% 1997 170 1.12% 0.10% 1998 168 1.14% 0.00% 1999 171 1.14% 0.00% 2000 174 1.14% 0.09% 2001 177 1.14% 0.00% 2002 181 1.13% 0.00% 2003 185 1.13% 0.00% 2004 189 1.12% 0.00% 2005 193 1.12% 0.00% _________________________________________________________________________________________________________


8.5 BAHRAIN Footwear (million US $): Bahrain 1995 - 2005

Year Bahrain % of Region % of Globe _________________________________________________________________________________________________________ 1995 106 0.69% 0.00% 1996 107 0.69% 0.00% 1997 105 0.69% 0.00% 1998 104 0.71% 0.00% 1999 105 0.70% 0.00% 2000 105 0.69% 0.05% 2001 105 0.67% 0.00% 2002 105 0.66% 0.00% 2003 105 0.64% 0.00% 2004 105 0.62% 0.00% 2005 105 0.61% 0.00% _________________________________________________________________________________________________________


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8.6 IRAN Footwear (million US $): Iran 1995 - 2005

Year Iran % of Region % of Globe _________________________________________________________________________________________________________ 1995 5,135 33.46% 2.97% 1996 4,993 32.27% 2.88% 1997 4,891 32.34% 2.87% 1998 4,828 32.92% 2.86% 1999 4,888 32.89% 2.83% 2000 4,969 32.74% 2.80% 2001 5,051 32.52% 2.77% 2002 5,135 32.29% 2.73% 2003 5,220 32.04% 2.69% 2004 5,306 31.78% 2.65% 2005 5,394 31.50% 2.60% _________________________________________________________________________________________________________


8.7 IRAQ Footwear (million US $): Iraq 1995 - 2005

Year Iraq % of Region % of Globe _________________________________________________________________________________________________________ 1995 312 2.03% 0.18% 1996 315 2.03% 0.18% 1997 312 2.06% 0.18% 1998 309 2.10% 0.18% 1999 315 2.11% 0.18% 2000 321 2.11% 0.18% 2001 328 2.11% 0.18% 2002 335 2.10% 0.17% 2003 342 2.10% 0.17% 2004 350 2.09% 0.17% 2005 357 2.08% 0.17% _________________________________________________________________________________________________________


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8.8 ISRAEL Footwear (million US $): Israel 1995 - 2005

Year Israel % of Region % of Globe _________________________________________________________________________________________________________ 1995 578 3.76% 0.33% 1996 590 3.81% 0.34% 1997 535 3.54% 0.31% 1998 482 3.28% 0.28% 1999 482 3.24% 0.27% 2000 490 3.22% 0.27% 2001 498 3.20% 0.27% 2002 507 3.18% 0.27% 2003 515 3.16% 0.26% 2004 524 3.13% 0.26% 2005 533 3.11% 0.25% _________________________________________________________________________________________________________


8.9 JORDAN Footwear (million US $): Jordan 1995 - 2005

Year Jordan % of Region % of Globe _________________________________________________________________________________________________________ 1995 259 1.68% 0.15% 1996 252 1.63% 0.14% 1997 239 1.58% 0.14% 1998 231 1.57% 0.13% 1999 225 1.51% 0.13% 2000 220 1.45% 0.12% 2001 226 1.45% 0.12% 2002 233 1.46% 0.12% 2003 240 1.47% 0.12% 2004 248 1.48% 0.12% 2005 256 1.49% 0.12% _________________________________________________________________________________________________________


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8.10 KUWAIT Footwear (million US $): Kuwait 1995 - 2005

Year Kuwait % of Region % of Globe _________________________________________________________________________________________________________ 1995 247 1.61% 0.14% 1996 246 1.59% 0.14% 1997 237 1.56% 0.13% 1998 234 1.59% 0.13% 1999 236 1.58% 0.13% 2000 239 1.57% 0.13% 2001 242 1.55% 0.13% 2002 245 1.54% 0.13% 2003 248 1.52% 0.12% 2004 252 1.50% 0.12% 2005 256 1.49% 0.12% _________________________________________________________________________________________________________


8.11 KYRGYZSTAN Footwear (million US $): Kyrgyzstan 1995 - 2005

Year Kyrgyzstan % of Region % of Globe _________________________________________________________________________________________________________ 1995 334 2.17% 0.19% 1996 338 2.18% 0.19% 1997 333 2.20% 0.19% 1998 335 2.28% 0.19% 1999 339 2.27% 0.19% 2000 342 2.25% 0.19% 2001 340 2.19% 0.18% 2002 337 2.12% 0.17% 2003 335 2.05% 0.17% 2004 332 1.98% 0.16% 2005 330 1.92% 0.15% _________________________________________________________________________________________________________


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8.12 LEBANON Footwear (million US $): Lebanon 1995 - 2005

Year Lebanon % of Region % of Globe _________________________________________________________________________________________________________ 1995 178 1.16% 0.10% 1996 173 1.12% 0.10% 1997 165 1.08% 0.00% 1998 159 1.08% 0.00% 1999 155 1.04% 0.00% 2000 151 0.99% 0.00% 2001 155 0.99% 0.00% 2002 160 1.00% 0.00% 2003 165 1.01% 0.00% 2004 171 1.02% 0.00% 2005 176 1.02% 0.00% _________________________________________________________________________________________________________


8.13 OMAN Footwear (million US $): Oman 1995 - 2005

Year Oman % of Region % of Globe _________________________________________________________________________________________________________ 1995 405 2.63% 0.23% 1996 399 2.57% 0.23% 1997 383 2.53% 0.22% 1998 374 2.55% 0.22% 1999 368 2.47% 0.21% 2000 364 2.40% 0.20% 2001 370 2.38% 0.20% 2002 377 2.37% 0.20% 2003 384 2.35% 0.19% 2004 392 2.34% 0.19% 2005 400 2.33% 0.19% _________________________________________________________________________________________________________


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8.14 PAKISTAN Footwear (million US $): Pakistan 1995 - 2005

Year Pakistan % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,312 8.55% 0.75% 1996 1,380 8.92% 0.79% 1997 1,285 8.49% 0.75% 1998 948 6.46% 0.56% 1999 941 6.33% 0.54% 2000 1,000 6.59% 0.56% 2001 1,063 6.84% 0.58% 2002 1,129 7.10% 0.60% 2003 1,200 7.36% 0.61% 2004 1,275 7.63% 0.63% 2005 1,355 7.91% 0.65% _________________________________________________________________________________________________________


8.15 QATAR Footwear (million US $): Qatar 1995 - 2005

Year Qatar % of Region % of Globe _________________________________________________________________________________________________________ 1995 225 1.46% 0.13% 1996 226 1.45% 0.13% 1997 221 1.45% 0.12% 1998 220 1.49% 0.13% 1999 221 1.48% 0.12% 2000 221 1.45% 0.12% 2001 221 1.42% 0.12% 2002 222 1.39% 0.11% 2003 222 1.36% 0.11% 2004 222 1.32% 0.11% 2005 222 1.29% 0.10% _________________________________________________________________________________________________________


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8.16 SAUDI ARABIA Footwear (million US $): Saudi Arabia 1995 - 2005

Year Saudi Arabia % of Region % of Globe _________________________________________________________________________________________________________ 1995 568 3.70% 0.32% 1996 582 3.76% 0.33% 1997 527 3.48% 0.30% 1998 403 2.74% 0.23% 1999 390 2.62% 0.22% 2000 397 2.61% 0.22% 2001 406 2.61% 0.22% 2002 414 2.60% 0.22% 2003 423 2.59% 0.21% 2004 433 2.59% 0.21% 2005 443 2.58% 0.21% _________________________________________________________________________________________________________


8.17 SYRIAN ARAB REPUBLIC Footwear (million US $): Syrian Arab Republic 1995 - 2005

Year Syrian Arab Republic % of Region % of Globe _________________________________________________________________________________________________________ 1995 701 4.56% 0.40% 1996 775 5.00% 0.44% 1997 859 5.68% 0.50% 1998 940 6.41% 0.55% 1999 996 6.70% 0.57% 2000 1,049 6.91% 0.59% 2001 1,105 7.11% 0.60% 2002 1,164 7.31% 0.61% 2003 1,226 7.52% 0.63% 2004 1,291 7.73% 0.64% 2005 1,360 7.94% 0.65% _________________________________________________________________________________________________________


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8.18 TAJIKISTAN Footwear (million US $): Tajikistan 1995 - 2005

Year Tajikistan % of Region % of Globe _________________________________________________________________________________________________________ 1995 332 2.16% 0.19% 1996 340 2.19% 0.19% 1997 338 2.23% 0.19% 1998 344 2.34% 0.20% 1999 352 2.36% 0.20% 2000 358 2.35% 0.20% 2001 353 2.27% 0.19% 2002 347 2.17% 0.18% 2003 340 2.08% 0.17% 2004 334 1.99% 0.16% 2005 328 1.91% 0.15% _________________________________________________________________________________________________________


8.19 TURKEY Footwear (million US $): Turkey 1995 - 2005

Year Turkey % of Region % of Globe _________________________________________________________________________________________________________ 1995 2,083 13.57% 1.20% 1996 2,133 13.78% 1.23% 1997 2,094 13.84% 1.23% 1998 2,174 14.82% 1.28% 1999 2,238 15.06% 1.29% 2000 2,297 15.14% 1.29% 2001 2,359 15.19% 1.29% 2002 2,423 15.23% 1.29% 2003 2,489 15.27% 1.28% 2004 2,558 15.31% 1.27% 2005 2,629 15.35% 1.27% _________________________________________________________________________________________________________


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8.20 TURKMENISTAN Footwear (million US $): Turkmenistan 1995 - 2005

Year Turkmenistan % of Region % of Globe _________________________________________________________________________________________________________ 1995 316 2.05% 0.18% 1996 322 2.07% 0.18% 1997 319 2.11% 0.18% 1998 323 2.20% 0.19% 1999 329 2.21% 0.19% 2000 334 2.19% 0.18% 2001 330 2.12% 0.18% 2002 326 2.04% 0.17% 2003 321 1.96% 0.16% 2004 316 1.89% 0.15% 2005 312 1.81% 0.15% _________________________________________________________________________________________________________


8.21 UNITED ARAB EMIRATES Footwear (million US $): United Arab Emirates 1995 - 2005

Year United Arab Emirates % of Region % of Globe _________________________________________________________________________________________________________ 1995 641 4.17% 0.37% 1996 695 4.49% 0.40% 1997 762 5.03% 0.44% 1998 821 5.59% 0.48% 1999 857 5.77% 0.49% 2000 891 5.87% 0.50% 2001 927 5.96% 0.50% 2002 965 6.06% 0.51% 2003 1,004 6.16% 0.51% 2004 1,046 6.26% 0.52% 2005 1,090 6.36% 0.52% _________________________________________________________________________________________________________


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8.22 UZBEKISTAN Footwear (million US $): Uzbekistan 1995 - 2005

Year Uzbekistan % of Region % of Globe _________________________________________________________________________________________________________ 1995 509 3.31% 0.29% 1996 521 3.36% 0.30% 1997 475 3.13% 0.27% 1998 416 2.83% 0.24% 1999 415 2.79% 0.24% 2000 423 2.78% 0.23% 2001 432 2.78% 0.23% 2002 441 2.77% 0.23% 2003 450 2.76% 0.23% 2004 460 2.75% 0.23% 2005 470 2.74% 0.22% _________________________________________________________________________________________________________


8.23 YEMEN Footwear (million US $): Yemen 1995 - 2005

Year Yemen % of Region % of Globe _________________________________________________________________________________________________________ 1995 332 2.16% 0.19% 1996 327 2.11% 0.18% 1997 314 2.07% 0.18% 1998 306 2.08% 0.18% 1999 301 2.02% 0.17% 2000 298 1.96% 0.16% 2001 303 1.94% 0.16% 2002 309 1.94% 0.16% 2003 315 1.93% 0.16% 2004 321 1.92% 0.16% 2005 328 1.91% 0.15% _________________________________________________________________________________________________________


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The 2000-2005 World Outlook for Footwear

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