Argentina
Nike is sizing down production in Argentina
According to reports by Argentina-based newspaper Pagina 12 the US-based sportswear giant is reducing its local production. Replacing the local capacity by imports might be on the pipeline
Umbro extends South America license
The owner of the brand, Iconix Brands Group, has announced a ten-year extension of Umbro’s licensing agreement with long-time partner Grupo Dass
US is the main destination of Brazilian footwear exports
According to data prepared by the Brazilian Footwear Industries Association (Abicalçados), 9.47 million pairs were shipped in August, 7.4% more than in the same month of 2018
Chilean retailers impacted by fall in Argentine tourism flow
In recent years citizens from Argentina have choosen Chile as a shopping and tourism destination taking advantage of a more open economy on the other side of the border. Now things seem to be changing
Alpargatas downsizes business in Argentina
The Brazil-based footwear manufacturer sold its operations in Argentina. The amount of the deal should amount to roughly 3.3 million euros (14 million Brazilian reais)
CEC: getting close to free access to Mercosur
European footwear companies can start counting down to export their leather shoes to Mercosur countries free of import duties. Luís Onofre, CEC's President, comments the agreement
Double digit fall in Argentina's production
Bad news continues for the Argentinian industry. According to the latest technical report issued by the National Institute of Statistics and Census (INDEC), production in the country fell by 6.9% in the month of May, in comparison to similar period in 2018
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
Argentina: industry is under alert
According to local news agencies, the footwear industry in Argentina is struggling with sharp falls in production and consumption
Footwear exports interrupt falling trend in Brazil
According to Abicalçados, the Brazilian Shoe Manufacturers Association, in November 10.54 million pairs were sent abroad for 84.78 million US dollars, up by 6.6% in volume and 1.6% in value. However this wasn't enough to recover from the accumulated drop in the year
Argentina: industry concerned with thousands of jobs at risk
Associations representing the businessmen and workers of the textile and footwear industries are claiming the national government attention to the current crisis moment of the industries they represent
Global footwear together for free and fair trade
Wishing to give a strong signal against the protectionist movements recently emerging in several parts of the globe, representatives of footwear national associations and industry chambers of various continents signed a joint declaration in support of free and fair trade
Brazil: new leader in main exports destinations
The US have been the main destination for Brazilian footwear exports in the last 3 decades. Now, Argentina became the number one external market for Brazilian shoes
Alpargatas continues to decline
The Brazil-based footwear manufacturer, known by its casual footwear, posted another quarter with declining net revenue across all geographies-
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