International Trade
Brazil: two digits decline in production and exports in 2020
According to data released by Abicalçados, the Brazilian footwear sector may have lost 21.8% of its production in 2020, returning to levels registered 16 years ago. Brazilian footwear exports fell by 18.6%, the worst performance since 1983
Latvia: major problem is significant drop in demand
According to the Central Statistical Bureau of Latvia there are only a few SME companies producing footwear and they have been operating with no specific limitations. We have spoken with the representatives of the industry to understand the current situation in the country
US Retail: footwear retail sales still below the 2018 average
No matter the seasonal hike in December, with flat retail sales of footwear since June 2020 and 20% lower than the 2018 average, the 1st quarter of 2021 will hardly beat this baseline. Even if one considers the hike in ecommerce, perspectives are not great. On top of that low consumer confidence and uncertainty regarding a full return of shoppers to the high street, add to the gloomy picture of retail in the US
US: steepest contraction in footwear consumption in 60 years
The US, one of the largest footwear markets, is the country registering more positive cases of COVID-19 since the outbreak of the pandemic. We have spoken with Matt Priest, President & CEO of the FDRA, the local footwear association, about the current situation in the country
Indonesian footwear exports with 8.97% annual growth
According to Aprisindo, the Indonesian Footwear Association, the country's footwear industry has recorded a good performance in 2020, with exports experiencing an annual growth of 8.97%
Pakistan: decline in foreign orders, but domestic market is doing well
We spoke with the Pakistan Footwear Manufacturers Association (PFMA) to understand how the COVID-19 pandemic is impacting the footwear industry in the country. Footwear companies focused on the internal market are performing better than exporting ones
COVID-19: Chilean digital commerce accelerated at least 5 years in 2020
We spoke with FEDECCAL, the Chamber of Leather, Footwear and Allied Industries, to understand the main impacts of the pandemic in the country's footwear trade in 2020. We also discussed the acceleration of digital commerce in Chile last year, much driven by COVID-19
EU-UK deal: how can leather goods benefit from duties exemption?
The EU-UK agreement has set zero taxes on goods traded between the two parts. However, rules have been set to benefit from the exemption of duties. How can leather goods benefit from zero tariffs?
EU-UK deal: how it will work for footwear?
The big news on Christmas eve was the announcement of the much-expected deal between the European Union and the UK, which will frame the way both parts live, work and trade together post-Brexit. Today we focus on the aspects concerning footwear trade
Italian footwear exports fall by 20%
In the first nine months of 2020 the Italian footwear industry saw a drop in production (-29.4%) and in sales (-33.1%). According to Assocalzaturifici Chair Siro Badon the timid return to normality was impacted by the second wave of the pandemic in the country
Spain Retail: After the hit of COVID-19, retail is still trying to recover
Similarly to what happened in other countries, the Textile, Clothing and Footwear (TCF) Retail Sales have lived dramatic moments with the first wave of COVID-19 hitting Spain, one of the European countries with most critical sanitary emergency. TCF sales almost disappeared in April and although the scenario improved from there, one cannot say that recovery materialised completely in the South Europe country
Bangladesh: decline in exports continues
In the first 5 months of the current year, Bangladesh’s leather industry registered a total of 358.57 million US dollars’ worth of exporting revenue, which represented a decline of 8.32% over the performance in similar period in the previous fiscal year
UK: ongoing uncertainty is making it harder for businesses to prepare
The alert comes from the British Retail Consortium (BRC), which has also urged consumers to refrain from stockpiling food before Britain leaves the EU on the 1st of January
Brazil: driven by slippers, footwear exports grow by 13.8%
According to data by the Brazilian Footwear Industries Association (Abicalçados) in November, 9.55 million pairs of footwear were exported, 13.8% more than in the same month last year
How the pandemic impacted China's footwear trade
China, the world’s main manufacturer and exporter of footwear, was the first country to be affected by the COVID-19 pandemic. The hit on exports was first felt in the Asian country, which also started its recovery first than most others-
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