Trade
Free shipping will make a difference this holiday
According to NPD's insights, free shipping was identified, for the first time, as the number one factor influencing where consumers decide to shop this holiday in the US. A finding in line with consumers increasing use of online shopping due to the COVID-19 pandemic
Brazil expects 1.2 million US dollars from digital networking meetings
According to Abicalçados the digital business networking meetings held by 20 Brazilian footwear brands with buyers from Latin America between the 24th of August and the 25th of September will likely generate 1.2 million US dollars in businesses
Bangladesh’s leather industry with declining quarter
In the first 3 months of the current year, Bangladesh’s leather industry registered a total of 225.15 million US dollars’ worth of exporting revenue, which represented a decline of 11.49% over the performance in similar period in the previous fiscal year
AAFA reiterates importance of CBTPA program is extended to 2030
The American Apparel & Footwear Association President and CEO Steve Lamar welcomed the signing of the "Extension of the Caribbean Basin Economic Recovery Act" by President Trump this weekend. The bill extends the CBTPA until the 30th of September 2030
Brazilian footwear exports lower as imports rise
According to Abicalçados, 8.1 million pairs were sent abroad in September, 19% less than in similar month last year. As for imports in the ninth month of the year, they have reached 2.9 million pairs, 10.5% more than in the same month of 2019
Pakistan's footwear starts financial year with declining exports
Exports of footwear by Bangladeshi companies declined by 20.68% in volume and by 16.05% in value in the first two months of the current fiscal year. Value of exports of tanned leather also decreased in the period, while leather manufactures exports increased
Tunisia aiming to double leather and footwear exports
Last year, the country attained roughly 550 million euros from exports of leather and shoes. The aim is double the amount by 2030 by adding value and attracting foreign investors
Bangladesh’s leather exports down by double digits
Total exports of the leather industry in Bangladesh in the first two months of the current fiscal year were on red, declining by 16.54% compared to the previous year. Exports of other footwear increased by 28.32%
Brazilian footwear exports decreased by 32.7%
Reflecting the instability in the international markets, especially in the United States, Brazilian footwear exports registered decreases of 32.7% in revenue and 25.2% in volume between January and August in relation to the same period last year
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-yearMedia Partners
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