Nicaragua
Nicaragua: leather shortage causes footwear prices to soar by up to 80%
The Nicaraguan Chamber of Leather and Footwear reported that footwear prices rose by 40% at the beginning of the year and another similar increase is in the pipeline, resulting in an 80% price increase for a pair of leather shoes
Nicaragua is promoting its industry abroad
A delegation from Nicaragua’s official investment promotion agency, PRONicaragua, will participate in the forthcoming edition of the Footwear Sourcing Intelligence Summit, organized by the Footwear Distributors and Retailers of America (FDRA)
Nicaragua to focus on athletic shoes
Several dozens of local footwear manufacturers have been asked by the industry association Camcunic to focus on making athletic footwear
The ability to attract foreign investment is key for the footwear industry in Nicaragua
Once considered the “rising star” of the world’s footwear production, the country still needs to be able to develop infrastructures and attract investment- 1
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