News articles

Malaysia's Lewre footwear aims to have 500 outlets worldwide

Lewre is a footware brand which has realised its founder's goal of international recognition. According to its founder and chief executive officer, 'We aim to have 500 outlets worldwide by year 2013 and promote the brand to become one of the most recognised footware brands globally'.

thestar online

Vietnam opposes EC’s tariffs on shoes

Viet Nam is displeased with the European Commission’s decision to maintain tariffs as they review anti-dumping measures on Vietnamese leather shoes. The EC established a 10 per cent anti-dumping tariff on leather shoes exported to the European market in 2006. This tariff was originally set to expire on October 7, but the EC has decided to maintain the tariff for an additional 12-15 months while they review the policy.

Viet Nam News

EU threatens to renew tariffs on footwear from China and Vietnam

The European Union has threatened to re-impose tariffs on shoes from China and Vietnam over the objections of EU consumers, seeking to protect Italian, Spanish and Portuguese producers.

Bloomberg.com

Brazil: Manufacturers of footwear have good perspectives for 2009

The favorable economic indicators and the good conditions of companies must guarantee that the Brazilian leather-footwear chain continues growing internally in 2009. Brazil needs to invest a lot in the research of field for the development of collections. The entrepreneur should provide give more room for creativity.

fibre2fashion.com

China: New trends in the Chinese shoe industry

China's shoe exports are facing the challenges from various economic environment in 2008, including international trade barriers, appreciation of RMB, increasing raw material price, rising labor cost and US dollar's devaluation. In view of these challenges, specialists believe that quality, efficiency and up-grading must be the way forward for the Chinese shoe industry .

PR-inside.com

Vietnam: Shoemakers face further European anti-dumping investigation

Italian shoemakers are collecting information to continue to oppose Vietnamese leather upper shoes exported to the European Union, and planning to require the European Commission to lengthen the anti-dumping tariff application time.

chinaview.cn

Vietnam: Increasing footwear exports to US a safe bet

According to experts, footwear enterprises in Vietnam have been relying largely on the EU markets for earning foreign currency. This is an alarming situation as there is unbalance in exports and there is a risk of anti–dumping cases also. However, by diversifying overseas customers, there will be less chance of getting into trouble.

fibre2fashion.com

Vietnam: Local firms aim for Hungary market

Local companies must supply higher quality products at lower prices to increase exports to the Hungarian market. Hungary’s footwear market, which has posted an annual growth of 3.8 per cent, is expected to grow more rapidly as most shoes are imported.

Viet Nam News

China: Skills and low-cost benefits underpinning footwear industry

According to 'China Footwear Market Analysis', a new market research report by RNCOS, the footwear production industry is now shifting towards Asian countries due to the huge availability of raw material and low cost of production in these countries, especially in China, the largest footwear producer. China is one of the lowest-cost footwear producers and boasts the largest technically-trained human resources in leather craft across the globe.

PR Minds

Vietnam: EC's decision to stop GSP being applied to leather shoes 'unfair'

Industry and Trade Deputy Minister Nguyen Thanh Bien spoke with the press about the European Commission’s decision to exclude Vietnamese leather shoe exports to the EU from the list of products eligible for the Generalised System of Preferences.

Viet Nam News

Vietnam: Footwear enterprises urged to improve competitiveness

The Vietnam Leather and Shoes Association recommended its members to apply new management methods to reduce management cost in addition to seeking new outlets for their products when they no longer enjoy the European Union’s Generalised System of Preferences (GSP) status.

Nhan Dan

Indian leather industry making presence felt globally

The Indian leather industry, especially the footwear segment, is making a mark globally even as China, dominating the low-cost segment, struggles to keep production costs under control. American buyers are now looking at India, as traditional Chinese suppliers witness a major increase in input costs.

The Economic Times

Brazil: Rapid rise in export of footwear to China between January and April

Brazil exported 355,183 pairs of shoes to mainland China, Hong Kong and Macau in the first four months of 2008, which was equivalent to 73 percent of total sales to those regions in the whole of 2007, according to the Brazilian Footwear Industry Association.

macauhub

Bangladesh has enough scope to increase export to India

According to a government  adviser, Bangladesh and India have reduced the huge barrier to bilateral trade between the two countries and remaining obstacles can be removed shortly.

The New Nation

The cost crisis

The footwear industry is facing a new pricing paradigm. Skyrocketing petroleum prices, the weak dollar, new labor policies in China and increased competition for workers in the Guangdong region are all pinching the bottom lines of many companies. And some say the end result for consumers could be price increases of 5 percent to 20 percent at retail.

Footwear News

Global footwear giant 'Aokang' makes a grand entry to the Indian market

International footwear giant 'Aokang' displayed the majestic range of shoes that is being introduced to the Indian market, through a scintillating fashion show.

indiaPRwire

India: Eco-friendly footwear components just a click away

Footwear components like insoles and footbeds have so far been made of synthetic products. Now a new breed of those components are entering into the segment, which are to be made of eco-friendly material.

The Economic Times

The Brazilian footwear industry

In the last five decades, Brazil has performed a relevant roll in the Footwear History. The largest country in Latin America is one of the most outstanding manufacturers of leather articles, holding the third position in the ranking of the largest world producers, and having as well important participation in the share of women’s shoes that ally quality to accessible prices.

COSMOWORLDS

China’s shoe industry under pressure

Rising costs have forced about 15 per cent of shoe manufacturers in a big south China industrial centre – Dongguan, a city in southern Guangdong province that is home to about 1,000 footwear companies – to shut down or relocate in the past year.

FT.com

Mexican industry shaking in its boots

Leon shoemakers fear the lowering of tariffs will trigger a deluge of Chinese imports. Shoes are to this industrial city what cars are to Detroit. And like the Motor City, Mexico's footwear capital is feeling the heat of foreign competition

Vietnam: Shoemakers target $4.5 billion in exports

Viet Nam expects to earn US$4.5 billion from footwear exports this year, an increase of 15.4 per cent over last year. Chief export markets are the US, the European Union, Japan, Canada and Australia. However, there is great potential for Vietnamese footwear products in Africa, Southern Asia and Eastern Europe where competition is not so intense and regulations are less stringent.

Viet Nam News

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