Legal & Institutional – Page 9
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Dangerous smuggled shoes are sold in Ukraine
All the footwear sold in the stores of a Ukrainian retailer, Konfiscat Obuv, could be dangerous to the health of customers, said the Ukraine shoe industry association, Ukrkozhobuvprom, in a public statement, drawing public attention to a serious smuggling problem in the country.According to the association, this company has been ...
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President Trump’s special diplomacy shakes up the footwear market
American shoemakers are reassessing their sourcing strategies while U.S. President Donald Trump continues to play hardball with the Chinese government, threatening to raise import duties by a further 25 percent on a number products, including footwear, by Aug. 1. If that happens, duties paid on shoe imports into the U.S. ...
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Brazilian footwear is benefiting from the trade war with China
Things seem to be looking up for Brazilian footwear. From January to April of this year, the industry exported 44.16 million pairs valued at $343.8 million, a 9.4 percent increase in pairs combined with a 0.1 percent decrease in dollars. The chief importer was the U.S., which has been purchasing ...
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U.S. removes India and Turkey from GSP trade program
The U.S. government has pulled India and Turkey out of its Generalized System of Preferences (GSP) scheme, which allows thousands of products to be imported into the U.S. without duties. The U.S. is currently reviewing GSP benefits for Indonesia and Thailand.GSP eligibility ended on June 5 for India and on ...
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Weak exports from Bangladesh’s leather industry
Bangladesh's leather industry recorded an 8.7 percent decline in its export revenues to $837 million for the ten months ended on April 30. This was well short of the turnover needed to meet the government's target of $1.1 billion for the fiscal year ending July 31.According to the Bangladesh Tanners' ...
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Russia is not ready for shoe tags
Russian footwear manufacturers and retailers are asking the federal government to postpone the introduction of compulsory tagging of all shoes on the domestic market with RFID chips. The new regulations, which are slated to come into force on July 1, were partly meant to crack down on sales of fake ...
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German shoe retailers hope for a better year
The first few months of 2019 were promising for German shoe retailers, with a combined sales increase of 16 percent in January and February alone, followed by a relatively good month of March. Last month, the retailers' sales were 9.8 percent higher than in March 2018, when they had shown ...
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Lower foreign sales by German shoe companies
The growth of the German footwear industry weakened considerably in 2018, weighed down by lower sales abroad, according to an annual report by the Federal Association of the German Footwear and Leathergoods Industry (HDS/L), presented at last month's Gallery Shoes fair in Düsseldorf.In 2018, the total sales of German shoe ...
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Luís Onofre is CEC’s new president
Luís Onofre, the fashion designer who heads up the Portuguese shoe and leathergoods industry association, Apiccaps, has been elected as the new president of the European Confederation of the Footwear Industry (CEC), which represents more than 21,000 companies employing over 278,000 people all over Europe.He will take over the reins ...
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Micam becomes more selective
The Milan trade show, which ran from Feb 10 to 13, closed with over 43,000 visitors, in terms of daily entrances, compared with 44,227 in the February edition of 2018. However in terms of individual entries, this edition registered a 2.5 percent increase as a higher number of Italians more ...
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CEC kicks off with a new Erasmus program
The European Confederation of Footwear Industry (CEC) has announced the start-up of a new research project under the European Erasmus+SciELD program entitled “Footwear in the 21st century: New skills for the design of drastically improved comfort, sustainable, fashion-oriented and scientifically-led footwear products,” which aims to find new methods of assessing ...
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Mixed trade figures from Italy’s footwear sector
The latest available trade statistics show that Italy's footwear exports grew by 3.9 percent in value during the first ten months of 2018, while dropping in volume by 6.4 percent. The country exported a total of 176.4 million pairs priced at nearly €8.1 billion during the period. The average export ...
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GBG takes the Bikkembergs license from Zeis
Zeis Excelsa, the once-flourishing and now troubled Italian shoemaker from the Marche region, has lost the Dirk Bikkembergs footwear license to the big Hong Kong-based Global Brands Group (GBG). The license agreement starts with the 2019-2020 autumn/winter collection. GBG has already worked with other fashion brands including Calvin Klein, Juicy ...
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Mixed figures from the Indian subcontinent
A string of export data from the Indian subcontinent have painted a mixed picture of the recent performance of local leather industries. But overall, regional players are increasingly ambitious and the Indian powerhouse is openly gearing up to lure manufacturing away from China.Bangladesh missed its exports target for footwear, leather ...
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Brexit or no Brexit, the industry wonders
The European shoe industry has been thrown into a period of increased confusion and uncertainty about future strategies by the overwhelming defeat by the British Parliament last week on the agreement that Prime Minister Theresa May had painfully negotiated with the European Commission on the terms of the U.K.'s divorce ...
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Expo Riva Schuh holds steady
The 91st edition of Expo Riva Schuh, held Jan. 12-15, attracted about 13,000 visitors, roughly in line with the numbers registered a year earlier. The tally includes the visitors to the two main fairgrounds of the international trade show: the Gardabags show near Lake Garda, which was in its second ...
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A new chairman with a modern vision will head up India’s CLE
Aqeel Ahmed Panaruma, chairman and managing director of Florence Shoe Company in the state of Tamil Nadu, became on Jan. 17 the new chairman of India's Council for Leather Exports, taking the place of Mukhtarul Amin. Sanjay Leeka will serve as vice chairman.The organization, which is sponsored by the Indian ...
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Brazilian shoemakers are optimistic
The recent election of a new president in Brazil, Jair Bolsonaro, is expected to improve the country's battered economy and to generate more competition by opening up the Brazilian market, says Heitor Klein, executive president of the Brazilian shoe industry association, Abicalçados.He says the cost of making shoes in Brazil ...
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Italy made 5% fewer shoes in Q3
Italy's shoe production fell by 5.0 percent in volume in the third quarter of 2018, resulting in a 2.4 percent decline for the first nine months of the year, according to a survey released by the Italian shoe industry association, Assocalzaturifici.The association noted that domestic demand was not showing any ...
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Ukrainian shoe industry sees threats in growing foreign trade
In the first ten months of 2018, Ukraine exported shoes worth $149 million, 23.1 percent more as compared to the same period of the previous year, says the Ukraine Light Industry Association (UkrLehProm). It pointed out, however, that the country's international trade in the sector is bringing not only opportunities, ...
