International Trade
UK Retail: retail prospects for the next months lean to the downside
In the first quarter of 2022, TCF (Textile, Clothing & Footwear) Retail Sales Index returned to pre-pandemic levels, showing that it is no longer sensitive to COVID-19. However, its positive behaviour is somewhat puzzling: consumer pessimism continues to plunge, most likely due to the rising inflation, which hit a record 7% in March, placing pressure on manufacturers’ costs. In addition, it is yet early to quantify the impact of Russia’s invasion of Ukraine on European retail markets
Average growth of footwear consumption to reach 5.9%
This is one of the main outcomes of the most recent edition of the World Footwear Business Conditions Survey. Access the complete report free of charge and read more about the evolution of footwear consumption in 2022
Government in Pakistan imposes ban on luxury goods' imports
The Federal government of Pakistan has decided to impose a ban on the import of luxury goods. The measure is being announced as a preventive step to obviate the threatening default and contribute to control the escalating hike in the dollar against rupee
Pakistan: strong ten months for footwear exports
In the first ten months of the current fiscal year, footwear exports grew by 21.16% in value, totalling 130.1 million US dollars. Leather footwear exports represent roughly 79% of the total
Mexico reduces footwear imports from Europe
According to the Chamber of the Footwear Industry of the State of Guanajuato (CICEG), footwear imports from two major European manufacturing countries, Spain and Italy, dropped in 2021
Bangladesh: leather exports grow across all segments
From July 2021 to April 2022, leather exports generated 1.01 billion US dollars, reflecting growth of 33% year-over-year. Leather footwear exports represent about 60% of the total revenue
Portuguese footwear exports grow by 25%
In the first quarter of 2022, Portugal exported 21 million pairs of shoes, worth 493 million euros. Footwear exports increased especially in extra-community markets
Indian leather exports increase by 33%
Revenue from leather and leather products exports in the first eleven months of the year grew by 33.07% over the same period last year. Leather footwear exports contributed the most
Brazilian footwear exports increase in volume and value
According to Abicalçados, the good performance of footwear exports in the first quarter of 2022 was driven by high demand from the US, but also from the Latin-American neighbours
Pakistan: leather and footwear exports on the rise
In the first nine months of the current fiscal year, footwear exports grew by 17.92% in value, totalling 116.6 million US dollars. Leather footwear exports represent roughly 80% of the total
Bangladesh: leather exports continue on growing mode
In the first nine months of the current fiscal year, the Bangladeshi leather industry reported growth across all segments, remaining ahead of its strategic growth targets
Brazilian footwear exports get off on the right foot
According to Abicalçados, footwear exports had the best performance in the first two months of this year since 2011. International conjecture is showing to be favourable for the industry
Turkish footwear industry set on diversifying markets
Despite the threats posed by Russia’s war on Ukraine, Turkish footwear manufacturers remain optimistic about the future and look at Aymod as an opportunity for diversifying markets
Polish footwear industry fears the impact of the war
The impact of the war between Russia and Ukraine on the industry might be substantial. Both countries represent important markets for Polish shoes
Rouble tumbles following Russia’s invasion of Ukraine
On Tuesday, the rouble pared some of the previous day’s heavy losses, as it plunged around 29% against the dollar on Monday morning, an all-time low, under pressure on foreign markets from Western sanctions-
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Footwear Consumer 2030
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