Trade
Sales of performance shoes down by 5%
While the market for athleisure shoes is flourishing, sales of performance shoes are going down
Cambodia’s exports consolidate growth
According to the Cambodia Garment and Footwear Sector Bulletin issued by the International Labour Organization, exports of garment and footwear grew by 9.5% in 2017. Growth trend was consolidated in the first semester of 2018 (+11%)
Vietnam: exports revenue to rise again
The first semester of the year closed with positive performance for the Vietnamese exports. Forecasts for the rest of the year indicates double digit growth
India and Vietnam solidify business ties
A group of businessmen from Indian leather companies travelled to Ho Chi Minh City to met with their Vietnamese counterparts
Increasing demand for Turkish production
The Turkish companies are seeing a huge increase in orders from global apparel giants and new footwear chains
Iran's import ban includes footwear and leather goods
Iran is ready to ban more than 1 300 commodities following latest US sanctions in order to protect plummeting value of rial (the national currency)
Pakistan's footwear exports with good performance
May was marked by double digit growth on the country’s footwear exports, both in volume and value. Accumulated growth in the year anticipates a good annual performance
Trade in fake Italian goods costs economy billions of euros
Global trade in fake Italian goods such as luxury handbags, watches, foodstuffs and car parts is taking a bite out of Italy’s economy equivalent to around 1-2% of GDP in terms of lost sales, according to a new OECD report
Belarus ban on raw hides exports
With this new ruling, going forward all deals will have to be approved by the Belarusian Universal Commodity Exchange. The new ban on raw hides exports takes place in a market which has been traditionally closed
Industry reacts to President Trump’s tariff comments
The FDRA - Footwear Distributors and Retailers of America has issued a statement in the name of the US-footwear industry in response to President Trump’s latest tariff comments
Albania’s exports double digit growth
The country's exports enjoyed double-digit growth in the first five months of this year despite the euro's depreciation (against Albania’s national currency), which negatively impacted the country’s exports, two-thirds of which are destined for Eurozone countries
FDRA responds to President Trumps claims
The Footwear Distributors and Retailers of America (FDRA) responds to President Trumps claims that Canadians are “smuggling” shoes into Canada from the US to avoid tariffs
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