The Brazil-based footwear manufacturer, known by its casual footwear, announced sales of 1.21 billion euros in 2016 (+0.4%). Profit with double digit growth rate (+30.8%)
According to the Brazilian Shoe Manufacturers Association (Abicalçados) in February, footwear exports totaled 9.16 million pairs, generating 81.54 million US dollars, down by 6.8% in volume, but growing by 5% in value
Despite the unfavorable performance in the domestic market, 2016 closed with a positive note on the exports side. With a favorable exchange rate for most of the year, footwear exports grew by 1.7% in volume and 4% in value
The words are from Heitor Klein, Executive President of Abicalçados, the Brazilian Shoe Manufacturers Association, who shared with us some of his views on the Brazilian footwear industry’s current performance and future expectations
According to data analysed by wordfootwear.com Brazilian footwear exports in the first semester were down by 2.7% in terms of value, but registered a 3.3% increase in terms of volume, compared to the same period in 2015
The joint initiative by Assintecal and Apex-Brazil, aimed at strengthening the sector’s exports, has closed the first nine months of the year with dynamic growth
Representatives from the Brazilian Shoe Manufacturers Association (Abicalçados) have met with the Ministry of Industry, Trade and Services to discuss some of the concerns regarding trade with some neighbor countries
Currency instability has resulted in a negative performance of footwear exports in the first half of the year. Imports value showed first signs of growth in September
According to Assintecal, the Brazilian Association of Companies of Components for Leather, Footwear and Manufactured Goods, sales abroad increased in the month of August contributing to the overall increase in the current financial year
Local footwear companies exported roughly 10 million pairs of shoes in August, increasing by 10.6% compared to similar month in 2015, based on figures released by Abicalçados