Trade
Mandatory footwear labeling is introduced in Russia
After several delays and despite the continuing complaints by market operators, Russian authorities have introduced a mandatory labelling of footwear on the domestic market. This is effective since the 1st of July and applies to domestic and imported footwear
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
Bangladesh’s leather exports down by 22%
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)
Brazil: footwear exports increased in June compared to May
After four consecutive months of decline, footwear exports from Brazil increased in June compared to the previous month, in both volume and value. When compared to similar period last year, the decline rate in pairs and revenue was above 40%
Italy with a steep drop in exports and domestic sales
According to Confindustria Moda Research Centre data for ASSOCALZATURIFICI in March footwear exports declined by 33.7% in volume and by 30% in value. In the first four months of the year, domestic sales were also down roughly by 30%
Vietnam's footwear exports down by 6.7%
According to Xinhua, citing the Ministry of Industry and Trade, in the period run from January 2020 to June 2020 Vietnam registered 8.1 billion US dollars of footwear exports revenue, resulting in a decline of 6.7% year-on-year
Pakistan's footwear exports up by 4.29%
Footwear exports of the Asian country increased by 4.29% during the first eleven months of current financial year (2019-20) as compared to the corresponding period of last year
Brazilian footwear exports decreased by 66% in May
Data prepared by the Brazilian Footwear Industries Association (Abicalçados) indicates that 2.7 million pairs were shipped in May, generating 23.9 million US dollars of revenue. This resulted in decreases both in volume (-64.7%) and in value (-66%)
Brazil: Covid-19 pandemic shrinks footwear exports
The Brazilian Footwear Industries Association (Abicalçados) believes the COVID-19 pandemic played an essential role in the decline registered in footwear exports during the first four months of the year
Brazil: footwear industry with 28.4 thousand jobs lost
According to a study by Abicalçados, the Brazilian Footwear Industries Association, the diffusion of Covid-19 has heavily impacted the Brazilian footwear sector, which has already lost 28 400 jobs
Italian footwear industry with 38% drop in sales
In the first quarter of 2020 Italian footwear companies had an average drop in sales of -38.4%. In the same period orders declined by 46.2%, according to Assocalzaturifici
Pakistan: footwear exports increase by 15.86%
In the first nine months of the current financial year, footwear exports of Pakistan grew by 15.86%, with leather footwear being the main category and growing by 11.26% in value
Germany: postponing season timings for footwear and leather goods
The HDS/L and buying groups SABU and ANWR issued a joint declaration recommending postponing the season timings in footwear and leather goods sector to help minimise the impact of Covid-19 closures
Trump administration announces 90-day duty payment delay
The announcement was well received but the footwear industry associations claim an extension to all goods, as any products facing punitive tariffs imposed by the administration in its trade war with China are excludedMedia Partners
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