The board of the Leathergoods and Footwear Manufacturers & Exports Association of Bangladesh has unanimously elected Syed Nasim Manzur to the role of President
In the first seven months of the current fiscal year, the Bangladeshi leather industry reported growth across all segments, generating a total revenue of 682.74 million US dollars
ABG has signed a long-term licensing agreement with ABFRL, confering the Indian company exclusive rights to distribute and sell Reebok products in India, Bangladesh, Bhutan, Maldives, Nepal and Sri Lanka
In the first five months of the current fiscal year, the Bangladeshi leather industry reported exports growth across all segments, exceeding the set targets
In the first three months of the new fiscal year, the leather industry in Bangladesh has reported growing exports in its categories. Other footwear (non-leather) with declining exports
China is the unquestionable leader in footwear production, having achieved a share in the world total of 54.3% in 2020. This translated into more than 11 billion pairs produced by China last year. However, in a decade, the share of China in global footwear production was down by 13%, corresponding to more than 8 percentage points lost and going down from a 62.4% share in 2010
Although it is too early to spot a trend, in the firts two months of the new fiscal year, the leather industry in Bangladesh has reported growing exports in its categories. Other footwear (no leather) with declining exports
The country has set a target of 1.03 billion US dollars for the leather segment in its new fiscal year. A month has passed already, and leather footwear and finished leather are on target. Leather products missed the target set for the month
After closing the previous fiscal year with exports of the leather industry at 797.6 million US dollars, Bangladesh has set a target for the current financial year of 920.00 million US dollars. In the first ten months, the industry managed to grow and has met its objectives
The Bangladesh's leather industry has a target set for the current financial year of 920.00 million US dollars, and in the first eight months, the industry has met the target set for the period (602.06 million US dollars)
In the first 5 months of the current year, Bangladesh’s leather industry registered a total of 358.57 million US dollars’ worth of exporting revenue, which represented a decline of 8.32% over the performance in similar period in the previous fiscal year
In the first 3 months of the current year, Bangladesh’s leather industry registered a total of 225.15 million US dollars’ worth of exporting revenue, which represented a decline of 11.49% over the performance in similar period in the previous fiscal year
According to The Financial Express, the government has fixed the minimum monthly wage for workers of the leather goods and footwear sector at 7 100 Bangladeshi taka
Total exports of the leather industry in Bangladesh in the first two months of the current fiscal year were on red, declining by 16.54% compared to the previous year. Exports of other footwear increased by 28.32%
Total exports of the leather industry in Bangladesh in fiscal year 2019-20 declined by more than 20%, with drops across all categories. Exception made by exports of other footwear (non-leather)