India
Taiwanese footwear manufacturer Hong Fu to invest in Tamil Nadu
Hong Fu, whose clients include Nike, Puma, Converse and Vans, will invest 1 000 crore (about 131 million USD) to build a new footwear unit in Southern India that is expected to create 20 000 jobs
ABG takes Reebok to India
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
China’s share in footwear production down by 13% in a decade
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
Tamil Nadu ensures investment of 28.508 crores
The local government of the southern Indian state announced an overall investment commitment of 28.508 crores in 49 projects involving companies from various sectors. Footwear is included. The initiative is expected to generate 83.482 job opportunities
India’s leather industry with two digits decline in the last fiscal year
The leather industry in India is closing the fiscal year* with a decline of 27.39% in exports. All segments, with the exception of Saddlery and Harness, posted two digits drops, loosing almost a third of its value
Council for Leather Exports with new Chairman
The organisation dedicated to the trade promotion of the leather and leather products industry. The Council for Leather Exports (CLE) has elected Sanjay Leekha as its new Chairman. Rajendra Kumar Jalan has been elected as Vice-Chairman
How COVID-19 is impacting the footwear industry in Agra
The local footwear industry had hoped that the pandemic would lose momentum and the expectation was for some recovery in 2021. However, a new pandemic wave is bringing added uncertainty back to the equation
US: threat of new tariffs in response to digital taxes
The United States Trade Representative (USTR) is collecting public comments on the potential implementation of tariffs to a list of goods from 6 US trading partners. Tariffs can go up to 25%. Footwear is part of the lists for some trade partners
India: total exports drop by 0.8%
The country's exports declined marginally by 0.8% to 26.89 billion US dollars in December 2020, due to the contraction registered in sectors like petroleum, leather and marine products, according to preliminary data released by the Ministry of Commerce and Industry
Bata Shoe appoints Sandeep Kataria as New CEO
The Bata Shoe Organisation announced the appointment of Sandeep Kataria as CEO, who has served as CEO of Bata India since 2017, and takes over the global CEO role from Alexis Nasard, who has stepped down to assume a professional opportunity outside the organisation
Liberty Shoes expects 35%-45% drop in revenue
India-based footwear firm is expecting up to 45% decline in its revenue in the current fiscal due to COVID-19. Amid coronavirus pandemic, footfall at stores has dropped significantly as customers are avoiding public places and encouraging social distancing
Indian leather sector: exports hit by COVID-19 suffers decline
Exports of the leather sector have been severely affected so far this financial year due to the COVID-19 pandemic, Aqeel Ahmed Panaruna, Chairman of the Council for Leather Exports stated
Von Wellx shifts production from China to India
The Germany-based manufacturer is moving its production from China to India. The project can create thousands of jobs in the Uttar Pradesh region
India: leather industry asks the Government for a lockdown exit plan
One of the key players in the leather industry is now asking the Government to set a plan for the sector once the lockdown is exited next week. The Council for Leather Exports is urging for measures-
Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
-
World Footwear Public Calendar
Click here to subscribe an updated version of the calendar displaying the footwear trade shows.
-
-
-
-
-
-
-
Media Partners
Media Partners
-
Shoe Intelligence
MPA Style
Fotoshoe
ARS ARPEL