All Legal & Institutional articles – Page 27
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News briefs
The Cambodian garment and footwear industries have a new monthly...
The Cambodian garment and footwear industries have a new monthly minimum wage. The country's Labor Minister has announced that the minimum salary will be $182, which represents a 7 percent increase from the current amount of $170. The new monthly minimum wage will be effective Jan. 1, 2019. In 2012, ...
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Article
Naples will host the World Footwear Congress
The 20 national shoe industry associations that form the Confederation of the European Footwear Industry (CEC) have agreed to hold next year's World Footwear Congress in Italy, the country with the largest and most sophisticated production apparatus on the continent. Micam, the world's largest footwear trade show, will be the ...
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News briefs
Ron Fromm is retiring at the end of this year...
Ron Fromm is retiring at the end of this year as president and chief executive of the Fashion Footwear Association of New York (Ffany) after four years in the post. A veteran of the American footwear sector, he worked for many years for Brown Shoe Co., now called Caleres, building ...
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Article
Italy’s exports grow faster than expected
Italy's shoe production declined by an estimated 1.2 percent during the first half of this year, according to the country's shoe industry association, Assocalzaturifici. While the Italian households' consumption retreated by 1.6 percent during the period, the country's shoe exports went up by 4.0 percent in terms of value.Exports declined ...
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Short stops
Deckers Brands has sued another brand, Pink Label, for knocking...
Deckers Brands has sued another brand, Pink Label, for knocking off its trade dress rights for its Bailey Button boot
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News briefs
Argentina has issued new labeling requirements for footwear sold in...
Argentina has issued new labeling requirements for footwear sold in the country that update existing legislation. The new requirements will enter into effect on Feb. 6, 2019. Among these, all footwear must be labelled with the importer's or producer's name and tax identification, or alternatively with a duly registered commercial ...
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News briefs
Skechers USA and three of its top executives including the...
Skechers USA and three of its top executives including the company's founder, Robert Greenberg, are the targets of a class action suit by shareholders who claim that they were not told the whole story about certain foreseeable logistic costs in China. They also allege that Greenberg sold a considerable number ...
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Article
German shoe exports are on the rise
According to the German shoe and leathergoods industry association, HDS/L, German shoe exports went up by 8.9 percent to €3.5 billion in the first half of the year. In terms of volume, they grew by 6.6 percent to 158 million pairs and the average price per pair rose by 2.2 percent to ...
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Article
Portugal invests heavily in its shoe industry
The Portuguese shoe industry decided in 2013 to invest at least €300 million between 2016 and 2020, or about 15 percent of its estimated added value, to improve its competitiveness at the international level under a strategic plan, called Community Support Framework Portugal 2020, that would be aided by the ...
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News briefs
The Indian government has reduced its new nationwide Goods &...
The Indian government has reduced its new nationwide Goods & Services Tax (GST) on certain products in the fashion, textile and beauty sectors, including relatively inexpensive shoes. The GST on footwear sold at a price of under 1,000 rupees (€12.6m-$14.3m) will be lowered from 18 to 5 percent. More expensive ...
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Article
Legero’s former boss joins the Josef Seibel group
Rudolph Hampl will join the Josef Seibel group as a new joint managing director in September. Hampl, who is now 53 years old was formerly working as managing director of Legero United. At Josef Seibel, Hampl will be responsible for product development, sales and marketing as well as the restructuring ...
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Article
World shoe production resumes growth
After two flat years, footwear production resumed some growth last year, limited to a rate of 2 percent as compared to 2016, reaching an estimated level of 23.5 billion pairs. The figure is still far from the growth pace of 15.4 percent registered between 2010 and 2014, but it marks ...
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News briefs
Iran is ready to ban imports of 1,339 products that...
Iran is ready to ban imports of 1,339 products that could instead be produced within the country, according to reports in Iran's Financial Tribune newspaper, quoting an official document. The list of banned imports includes footwear and leather products as well as home appliances, textile products, furniture, healthcare products and ...
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News briefs
The Walking Co. Holdings has emerged from Chapter 11 after...
The Walking Co. Holdings has emerged from Chapter 11 after filing for bankruptcy protection in March. The retailer said that a new $10 million-plus of equity as well as support from an enhanced financing package from Wells Fargo Bank will provide it with sufficient capital to achieve its long-term growth ...
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Article
Ukraine’s shoe manufacturers sell more at home and abroad
In 2017, Ukrainian factories released 24.5 million pairs of shoes, up by 5.2 per cent as compared to 2016, while imports into the country declined by 1.9 per cent to 48.8 million pairs. Ukraine's shoe manufacturers have been taking advantage of the devaluation of the national currency over the past ...
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News briefs
Belarus' president, Alexander Lukashenko, has signed a decree prohibiting rawhide...
Belarus' president, Alexander Lukashenko, has signed a decree prohibiting rawhide exports from the country without special permission from the government's agencies. The decision has been taken in order to support the domestic shoes industry, and to help support exports of products with a higher added value. The government has invested ...
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Article
Will Brazilian exports stop declining?
Brazil's shoe exports fell in the first half of the year by 6.7 percent in volume, from 59.36 million to 55.37 million pairs, and by 7.9 percent in value, from $528.7 million to $486.9 million. According to the Brazilian shoe manufacturers' association, Abicalçados, which presented these estimates, it is difficult ...
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Article
Spanish footwear is stable in value, but decreases in volume
According to the latest data by the Spanish footwear industry association (Fice), shoe production in Spain totaled nearly 98 million pairs and €2.004 billion in value in 2017. These figures represent a 4 percent drop in volume and an increase of 0.6 percent in value as compared to 2016. The ...
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Article
Uzbekistan sets sights on the leather shoe industry
The manufacture of leather shoes in Uzbekistan is set to double its production in the next two years from last year's level of 17 million pairs, according a development program recently adopted for the industry by the government of this former Soviet country, headed up by Shavkat Mirziyoyev since February ...
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News briefs
The Brazilian Shoe Manufacturers Association (Abicalçados), the Brazilian Trade and...
The Brazilian Shoe Manufacturers Association (Abicalçados), the Brazilian Trade and Investment Promotion Agency (Apex-Brazil) and the members of the Brazilian Footwear program, maintained by those entities, have recently organized a meeting in which to select target markets for the next two years. The following markets have been chosen as priorities ...
