The Argentine company Bicontinentar, which restarted a sports shoe production line in May 2021, in Chivilcoy, announced that it will manufacture footwear for the French brand Le Coc Sportif and open a second line for Under Armour
The Argentine Grupo Blanco announced that it will increase the production of Havaianas by 80% this year. In addition, it will develop a product line to export to Europe and the US in 2023
These limits are a consequence of the latest measures taken by the Argentine government to contain the outflow of foreign currency. Brazilian footwear industry voices its concerns
Retail sales from small and medium businesses fell by 3.4% in May, year-over-year, and by 8.9%, as compared to April. Price and cost increases affected profitability and consumer’s confidence
According to Abicalçados, the good performance of footwear exports in the first quarter of 2022 was driven by high demand from the US, but also from the Latin-American neighbours
According to Abicalçados, footwear exports had the best performance in the first two months of this year since 2011. International conjecture is showing to be favourable for the industry
In 2021, Brazil shipped 123.6 million pairs of shoes, which reflects an increase in volume of 32% and 7.3%, as compared to 2020 and 2019, respectively. Positive trajectory should continue over 2022
The forecast is from the President of the Chamber of the Footwear Industry, who noticed that companies would still be working at full capacity to meet demand at least in the first week of December
The sportswear giant in Argentina is to invest 4.2 million US dollars in its factory in La Rioja to increase its production capacity to 2.5 million pairs per year
After a year of decline due to the impacts of the COVID-19 pandemic, the Brazilian footwear sector presents signs of a significant recovery in footwear exports in the first half of 2021
Data released by Abicalçados, the Brazilian Footwear Industries Association, show that footwear exports in the country in April totaled 8.5 million pairs. This represents a 76% increase compared to April 2020
The Government of Argentina announced the measure will be applicable for companies importing any type of footwear to Argentina. Importers will have to adapt to the new standard called "AR" and which relates to the size of the shoes
One of the largest footwear manufacturers in Brazil, Calçados Beira Rio, S.A., plans to install a footwear factory in Argentina. The aim is to produce three million pairs per year