Brazil
Grendene sells its US subsidiary to Canadian group Pajar
The Brazilian company that owns the Ipanema and Melissa brands has signed an agreement to sell its wholly-owned US subsidiary, GGB USA, to the Canadian group Pajar for 3.61 million US dollars
Brazil posts first trade deficit in footwear since 1997
Continued rising imports and declining exports have pushed the Brazilian footwear industry into its first trade deficit in July since records began in 1997
Alpargatas maintains growth in the second quarter
The Brazil-based company that owns Havaianas has reported double-digit sales growth and a significant increase in profitability in the second quarter of the year
Grendene reports lower revenue and profitability in the second quarter
The Brazilian footwear manufacturer has reported a lower revenue and profitability in the second quarter, as challenging consumer conditions took their toll on its domestic business
US imposes 25% tariffs on Brazilian goods, raising concerns in the footwear industry
The US will impose a 25% tariff on several Brazilian goods, including footwear, from the 22nd of July, following a year-long investigation into trade practices the US administration considers to be unfair
Inspiramais closes São Paulo edition
The 34th Inspiramais closed in São Paulo with higher professional attendance, 150 exhibitors and 22 international buyer groups from seven countries, reinforcing its role as a materials platform
Dass Group closes footwear factory in Argentina, lays off 150 workers
After nearly two decades, the Brazilian footwear manufacturer has ended production at its Eldorado plant in Argentina, citing deteriorating market conditions and a loss of competitiveness
Global footwear trade weakens in early 2026
International footwear trade began 2026 under pressure. In the first quarter of the year, most of the main production-based exporters analysed recorded a decline in exports, while several major consumption markets also reduced their imports. The results point to a cautious start to the year for global footwear, although the impact varied substantially across country profiles
Inspiramais to return to São Paulo in July
Focused on innovation, design and sustainability, the event will present new materials while offering research-based guidance to support product development and future collections
US proposes 25% tariff on Brazilian goods, raising concerns in footwear sector
A preliminary US proposal to impose a 25% tariff on Brazilian exports has sparked concern throughout the footwear industry, although this could still be revised before a final decision is made
Grendene reports soft first-quarter results
Despite higher sales volumes, the Brazilian company reported weaker revenue and margins in the first quarter as consumers shifted towards lower-priced products due to cautious spending
Strong first quarter for the owner of Havaianas
The Brazilian company Alpargatas has reported double-digit net sales growth in the first quarter of 2026, alongside higher margins, record adjusted EBITDA and increased net income
EU-Mercosur deal expected to boost Brazilian footwear exports
Optimism has been expressed by the Brazilian footwear industry regarding the potential impact of the provisional entry of the EU-Mercosur deal on the 1st of May, which is expected to provide a boost to the export sector
Brazilian footwear industry outlook points to stability in 2026
The performance of the Brazilian footwear industry is expected to remain broadly stable in 2026, following a challenging start to the year marked by weak domestic consumption and falling export figures
China remains top US footwear supplier but market share hits 35-year low
China remained the largest supplier of footwear to the US in 2025, despite its market share falling to 35-year lows in both value and volume, according to the FDRA-
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