International Trade
Indian leather fears supply chain crisis
The leather industry in India is claiming attention for the impacts of the recent decision to impose a sharp export duty cut on raw leather and hide from 60% to 40% in the 2019 Union Budget. The 15% export duty on East Indian tanned leather was also abolished
Leather industry in Kenya claims export's duty revision
Traders affiliated in the East Africa Hides and Skins Association gathered and renew their demands for a revised export duty on raw hides and skins in the East African market to safeguard the industry
The treaty with the greatest global impact
The Treaty of Tordesillas was signed 5 centuries ago, in the Spanish city with the same name and divided the world - discovered and undiscovered - in two parts, giving the exploitation rights to Portugal and Spain
Bangladesh: leather sector closes the year on the red
Notwithstanding the good performance of leather footwear exports, the leather industry as a whole registered a decline of 6.06% in revenue. The industry closed financial year 2018-19 below the target set for exports
Brazil: footwear exports continue to decline
After decreasing by 9.4% in March, Brazilian footwear exports declined even more in April: 17.7% compared to similar month last year
Abicalçados and Apex-Brasil renew agreement
During the latest edition of the Francal trade fair, the Brazilian Footwear Industries Association (Abicalçados) announced the renewal of the agreement to maintain the Brazilian Footwear program, developed in partnership with the Brazilian Trade and Investment Promotion Agency (Apex-Brasil)
EU and Mercosur reach agreement on trade
The European Union and Mercosur announced the new political agreement for a new trade framework as an important tool for the consolidation of the strategic partnership of both parties and as having the ability to boost sustainable growth
US-China Trade war: new tariffs on hold
President Trump and President Xi agreed Saturday to hold off on imposing new tariffs and continue trade negotiations, after meeting on the occasion of the G-20 Summit in Osaka
US China meeting to take place this weekend
President Trump and President Xi are expected to meet this Saturday in Osaka (Japan) during the G-20 Summit and the international trade topic is hot on the agenda
Crocs to reduce sourcing from China
The footwear company known for the iconic clogs says the amount of US products sourced from China will be below 10% for 2020. Currently, Crocs imports 30% of its US product from China
India’s leather footwear exports up by 1%
According to the Council for Leather Exports in the first 10 months of the fiscal year exports of leather footwear increased by roughly 1%. Exports of the overall leather industry are declining
Footwear industry leaders joined forces against tariffs
Last week, the leaders of 5 industry associations in the US signed a letter addressed to President Trump, opposing the proposed tariffs on shoes and other accessories coming from China
The new chapter of the US-China trade war
President Trump announced and applied increases on the China tariff rates on List 3 (200 billion US dollars in Chinese-made goods) from 10% to 25%. Remaining goods, including footwear, could be hit with tariffs shortly as a new list was announced
Where do shoes come from?
The recent developments on the trade war US-China made us look into the trade relations of both countries in terms of footwear and curious conclusions about consumption in each of the markets arose. Check them here
Rise in fake goods trading
Trade in counterfeit and pirated goods has risen steadily in the last few years and now stands at 3.3% of global trade, according to a new report by the OECD and the EU’s Intellectual Property Office-
Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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World Footwear Public Calendar
Click here to subscribe an updated version of the calendar displaying the footwear trade shows.
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