Argentina, Brazil, Colombia, Chile, Ecuador, Guatemala, Mexico, Paraguay, Uruguay and Venezuela got together and issued a statement with their concerns arising from the impact of Covid-19 on the footwear industry
The South American country has almost 29 thousand reported cases of Covid-19 and more than 1 700 deaths. Most of the footwear factories have stopped operations
With a reduction in consumption as brick and mortar stores close in an attempt to contain the spread of Covid-19, job loss in the sector might be the next problem
The trade fair held in São Paulo is also moving the next edition to later in the year. Francal joins the list of events changing their dates as a result of the diffusion of Covid-19
Brazil-based Grendene Group, owner of Melissa and Ipanema brands, has decided to implement mandatory collective vacation for all employees in their units in the country
While countries in Europe seem to be in the midst of the pandemic, Africa and Latin America are facing the early stages of the Covid-19 diffusion in their territories
Consumer behaviours, trends, and conducting business were at the heart of Inspiramais, which took place between the 14th and the 15th of January in São Paulo, Brazil
Data gathered by the Brazilian Footwear Industries Association (Abicalçados) reveals that in 2019 sales of Brazilian footwear to Mexico increased by 62.5% in value and by 74.4% in value
Data gathered by the Brazilian Footwear Industries Association (Abicalçados) indicates that 114.55 million pairs of shoes were shipped abroad between January and December, generating 967 million US dollars in exports in 2019
Between January and November this year 104.2 million pairs of shoes were exported by Brazil, resulting in revenue of 886.3 million US dollars. The US market continues to grow
The moves follow the decision of Mr. Francisco Olinto Velo Schmitt to resign from Chief Administrative and Financial Officer and Chief Investor Relations Officer