International Trade
Italian leather goods industry is only cautiously optimistic
The Italian leather goods industry grew from January to September 2022, but concerns over costs' increases and the situation in China are raising sirens in the industry
Brazilian footwear exports reach over 1.3 billion USD in 2022
According to Abicalçados, last year, Brazil exported 141.9 million pairs of shoes, generating over 1.3 billion USD, up by 14.8% in volume and 45.5% in value, as compared to 2021
Double-digit increase in turnover for Italian footwear manufacturers
In the first nine months of 2022, Italian shoemakers' turnover increased by 13.9%, year-over-year. But growth is not alike among companies, says Assocalzaturifici, highlighting the rising costs
Rosana Perán Bazán (Fice & Pikolinos): price is a short-term advantage but added value is forever
Watch the interview with Rosana Perán Bazán, FICE President & Grupo Pikolinos Vice-President. We had a nice conversation with Rosana to understand the state of the footwear industry in Spain, and discuss some of the pressing issues of the footwear industry
Indian's leather footwear exports grew by 32%
From April to October 2022, India's leather footwear exports rose by 32%, year-over-year, reaching 1.46 billion USD. This segment represented about 45% of total India's leather exports
Brazil: footwear exports decelerate but year-to-date performance is positive
The slowdown of Brazilian footwear exports is in line with the worsening of international macroeconomic conditions, but year-to-date performance remains overall positive
Bangladeshi leather footwear exports exceed strategic target set
From July through November 2022, leather footwear exports were the only ones among the leather sector to exceed the strategic target set for the period, whereas all the others fell short
Pakistani footwear exports in growing mode
The Asian country's footwear exports grew significantly from July through October 2022 (by 82% in volume and by 31%, year-over-year), while leather exports lag behind
Denis Falardeau (Shoe Manufacturers Association of Canada): I am very optimistic for 2023
We spoke with Denis Falardeau, President of the Shoe Manufacturers Association of Canada, to better understand the trajectory of the Canadian footwear industry, the recent transformations in the country’s retail and why the industry is well-positioned for the future
Brazilian footwear exports slow down
The country's footwear exports decelerated for the second consecutive time in October, mainly due to the slowdown in the world's economy. Results for the first 10 months are still positive
US Retail: not all news are bad for retail
The available data suggests that retailers made sure to fill up their stocks this year, most likely causing supply to outstrip demand. But while demand may have slowed down, mainly due to high inflation, spending has not ceased, and retailers are expected to increase their promotions through the end of the year to dispose of marked-down excess inventory. Consumer confidence indicators are somewhat mixed, but it is safe to assume that, at least, it has stopped bleeding. In fact, the contrast with European consumers is clear, showing that US shoppers are less sensitive to the geopolitical risks concerning the ongoing war in Ukraine. Meanwhile, though slowly, footwear prices increases are starting to decelerate
Brazilian footwear components exports grow by 22%
Exports of yellow-green footwear components generated 331.9 million USD in the first nine months of 2022, reflecting higher demand from Latin American countries, which are seeking options to China
Spain Retail: footwear retail fears the end of the year on account of macroeconomic uncertainty
Looking exclusively into the available evidence from the comparison between the monthly behaviour of footwear imports and the TCF (Textile, Clothing, & Footwear) Retail Index in Spain, as well as the TCF Retail Indicator by Eurostat, there are not yet red lights on the retail side, so far. But, as more consumers struggle to make ends meet with high inflation and increases in gas and electricity, footwear retail is expected to soon be a victim of the need to divert from non-essentials. Meanwhile, online sales appear to have stabilized, so, with the COVID-19 influence out of the picture, it is up to retailers to continue investing in this channel, where there is much yet to be done
Footwear industry: very positive first semester now threatened by clouds of uncertainty
Watch out an interview with our Editor, Joana Vaz Teixeira, and get the latest updates on the footwear industry, with a focus on the main insights from the performance in 2021, going to the current scenario and the future perspectives
Bangladesh: leather exports increase in the first quarter
From July to September 2023, Bangladeshi leather exports increased by 20.87%, year-over-year, slightly exceeding the strategic target set for the period (by 6.36%)-
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