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Selected articles on
industrial development in emerging economies |
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2010-06-10 |
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Bangladesh: Footwear maker eyes expansion |
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Fortuna Bangladesh is set to expand
operations in the footwear industry by increasing its production
capacity and establishing the country's first shoe mould
manufacturing factory. Previously known as Fortuna Group, the
company initially invested Tk 56 crore in setting up the new
factories and importing high-tech machinery. |
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The Daily Star |
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2010-05-29 |
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Indonesia: Local sneaker firms are making it
in Indonesia |
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That ubiquitous 'Made in China' tag
stamped or stitched on almost everything you own may become a lot
less common. Make room for 'Made in Indonesia'. Footwear and apparel
brands, in their endless pursuit of keeping down costs, are shifting
manufacturing to this island nation, drawn by a large labour pool,
stable wages, and fewer regulations. |
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boston.com |
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2010-05-18 |
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China: WTO agrees to probe EU duties on
Chinese footwear |
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World Trade Organization judges agreed
to investigate whether European Union anti-dumping tariffs on
Chinese shoes unfairly harm China’s exporters. |
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Bloomberg Businessweek |
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2010-04-29 |
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India's footwear exports may touch USD 3.37 bn
in next two years |
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With the global economies recovering
from the slowdown, India's footwear exports are expected to more
than double to USD 3.37 billion in the next two years over 2008-09
period. The Indian footwear industry, the second-largest in the
world after China, is growing at a rate of about 10 per cent
annually. |
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The Economic Times |
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2010-03-31 |
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Vietnam: Footwear exports tipped to grow |
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A survey by the US-based non-profit
Kearny Alliance Foundation shows that 90 per cent of the footwear
exporters anticipate export growth this year, and 47 per cent will
target the EU market. It also indicates that 60 per cent of the
footwear makers would maintain their quotas for the next year. |
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VIET NAM NET |
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2010-03-24 |
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A big increase in exports is expected
for Indonesian footwear firms this year, with a projected surge in
orders from EU and non-traditional markets, a shoe producers’
association spokesman has said. Due to the expected increase in
orders, the country’s footwear exports might increase by 17.5
percent to about USD 2 billion this year, from about USD 1.7 billion
in 2009. |
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The Jakarta Post |
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2010-02-26 |
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Vietnam: Footwear exports to top USD 6.2 bn |
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The leather and footwear sector has
posted impressive growth in recent years with more than 700
firms in the sector, employing 700,000-750,000 workers. But with 70
per cent of these firms merely doing sub-contracting work for
foreign companies, their techniques and designs depend completely on
their foreign principals. |
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Viet Nam News |
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2010-02-21 |
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Bangladesh: Footwear makers up for expansion |
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Local footwear makers and exporters
are set to increase their capacity to utilise the growing
international demand for low-cost shoes. Top manufacturers, such as
Apex-Adelchi Footwear Ltd, Jennys, Landmark, Leatherex, Bay Footwear
and Picard Bangladesh, are increasing their production capacity by
opening new factories and importing sophisticated machinery and
latest technology. |
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The Daily Star |
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2010-02-21 |
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Chinese sportswear company challenges overseas
giants on foreign turf |
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With plans to sprint onto the global
stage within the next three years, Li Ning Co. Ltd., a bellwether of
China's sportswear business, has taken a bold leap to achieving its
goal by opening its first outlet in the United States. |
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BEIJINGREVIEW.com.cn |
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2010-02-04 |
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China takes EU shoe complaint to WTO |
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China has filed a World Trade
Organisation complaint against the European Union over its treatment
of imported footwear, escalating a long-running dispute between the
trading partners. The move follows the EU’s decision in December to
extend anti-dumping duties against Chinese and Vietnamese footwear
for 15 months. |
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FT.com |
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2010-02-03 |
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Vietnam: Footwear producers aim for 50 percent
of domestic market |
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Footwear producers
have set up an ambitious plan of gaining 50 percent of the domestic
market share in 2010, far exceeding the current level of 30 percent. |
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VIET NAM NET |
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2010-01-20 |
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Brazil: After a couple of bad years, the
footwear industry is turning bullish |
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According to Brazil's Ministry of
Labor, the shoe industry employed 327.000 people at the end of
December 2009. This year the sector should expand 7.5%. |
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Brazzil Mag |
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2010-01-02 |
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Vietnam: Anti-dumping duty on footwear unfair |
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Vietnamese Deputy
Minister of Industry and Trade, Mr. Le Danh Vinh termed imposition
of anti-dumping duties on Vietnamese footwear by the European
Commission as unfair, and said that it does not reveal the true
conditions of the Vietnamese footwear industry. |
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fibre2fashion.com |
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2009-12-22 |
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Brussels extends duties on imported footwear |
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The European Union will prolong
anti-dumping duties against imported Chinese and Vietnamese footwear
for an additional 15 months. The duties were approved in spite of
warnings that they would harm the EU’s trade relations with China
and Vietnam, and in spite of member states rejecting them during a
non-binding vote in November. |
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FT.com |
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2009-12-16 |
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Bangladesh: Prospect of footwear exports looks
bright |
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The country's footwear manufacturers
see a bright future for their products. One reason is the prospect
of procuring hide and skin at cheaper prices this year. Another lies
in the adoption of a 'China plus' policy by the US government and the
European embargo on Chinese and Vietnamese footwear, pushing buyers
towards Bangladesh. |
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The Financial Express |
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2009-12-03 |
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Brussels set to extend anti-dumping duties on
shoes for 15 months |
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Europe is poised to extend
anti-dumping duties on Chinese and Vietnamese footwear after
Germany, Austria and Malta changed their positions in the keenly
watched trade dispute. The three member states, which voted last
month to reject a European Commission proposal to extend the duties
for 15 months from early January, have told a working committee that
they would abstain. |
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FT.com |
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2009-09-10 |
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Indonesia: Domestic demand helps footwear
industry stay resilient |
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Strong private consumption in a huge
domestic economy has helped Indonesia weather the global financial
crisis better than other regional economies. Indonesia's resilient
footwear industry is one of the sectors that has helped country's
economy stay on its feet. |
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channelnewsasia.com |
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2009-08-17 |
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Vietnam: Footwear exports target ‘long shot’ |
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The footwear industry will find it
difficult to meet its export target this year because large orders
have dried up in the aftermath of the global economic crisis,
insiders say. Most small and medium enterprises in the industry have
failed to land big orders and contracts from foreign buyers this
year. |
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Viet Nam News |
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2009-08-03 |
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Malaysia: XiDeLang poised to be third China
firm to list on Bursa |
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Being in the world’s most populous
country presents tremendous potential for China-based sports shoe
and apparel company XiDeLang Holdings Ltd, which aims to capture
higher sales this year. XiDeLang is poised to be the third Chinese
company to list on Bursa Malaysia after fellow shoe counterparts –
Xingquan International Sports Holdings Ltd and Multi Sports Holdings
Ltd. |
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The Star Online |
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2009-07-02 |
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Vietnam: Footwear exports to France edge up |
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Vietnam’s footwear exports to France saw a promising, if slight,
growth despite an 8.8 percent decrease in the country’s six-month
export turnover. Footwear is
one of the few commodities Vietnam exports to France that can take
advantage of foreign exchange rates, as it pays for the import of
raw materials in USD, but brings home profits from sales in Euros,
contributing to this major growth in export. |
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VOVNEWS.VN |
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2009-06-21 |
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Indonesia footwear industry facing brighter
prospects |
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Indonesian-made shoes are expected to
get a bigger market share at home and abroad thanks to a decline in
the influx of illegal shoe imports from China and an increase in
demand for the commodity in Europe. The increase in the turnover of
local producers is thanks to a government decree, reducing the gates
of five imported commodities, including footwear, to only five
seaports and airports in order to supervise the entry of illegal
imports. |
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ANTARA News |
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2009-05-27 |
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Vietnam: Dependence on imported materials
trips up footwear industry |
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Despite being a key player in the
Vietnamese economy, the footwear industry still depends too much on
imported materials, which hinders its development. Most of the time,
footwear producers only do contract work for foreign partners, who
import the raw materials themselves. |
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Thanh Nien |
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2009-05-08 |
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Vietnam: Footwear exports likely to fall |
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Many domestic footwear companies have
set modest export goals for this year, raising concerns that the
Government's USD 5.1 billion footwear export target won’t be met. |
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Viet Nam News |
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2009-04-19 |
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Indonesia: Footwear firms to upgrade
equipment, shift focus to local market |
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While waiting
for export markets to recover from the global credit crunch,
footwear manufacturers are keen on modernizing their machinery using
government funds and increasing production for domestic consumption. |
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Jakarta Globe |
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2009-04-16 |
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India: Agra footwear industry facing new
challenges |
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Arrival of footwear
manufacturing units in the infrastructure-rich towns like Noida and
Chandigarh as well as slowdown in export orders due to
unavailability of credit facilities to the major footwear importers,
are the new challenges for Agra footwear industry. This makes
footwear units in the town to run at less than 50 percent of their
production capacity. |
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fibre2fashion.com |
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2009-03-23 |
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India: Footwear Institute launches new Campus
at Chennai |
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Footwear Design &
Development Institute (FDDI) is launching its new Campus at Chennai
from the Academic Session 2009. Located near the SIPCOT Footwear
ParkThe, the aim of the campus is to build an in-depth knowledge
base and to provide adequate professional skills in management and
designing. |
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fibre2fashion.com |
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2009-02-23 |
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China, Vietnam: Anti-dumping complaint by
Canadian manufacturers |
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The Shoe
Manufacturers Association of Canada (SMAC) has filed a complaint
based on the Special Import Measures Act (SIMA) with the Canada
Border Services Agency (CBSA). SMAC is requesting that CBSA
re-investigate pricing of waterproof rubber footwear and bottoms
exported or originating from the People's Republic of China and
Vietnam. |
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fibre2fashion.com |
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2009-02-13 |
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Bangladesh: Footwear export figures rock in
July-Nov 2008 |
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According to
recently released statistics, footwear exports from Bangladesh grew
from US $61 million in the period July-November 2007 to $85 million
in the same period of 2008. The main reason for this awesome growth
of 39 percent in exports is due to the low cost of production in
Bangladesh, compared to its neighbouring countries; China, India and
Vietnam, who also have a very well entrenched leather and footwear
export industry in their respective countries. |
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fibre2fashion.com |
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2009-02-11 |
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Indonesia: Producers need more raw materials |
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The Indonesian Footwear Association (Aprisindo)
has asked the government to facilitate local and foreign investors
to produce leather raw materials for the industry, in an effort to
stay competitive globally. According to the Indonesian Footwear
Association, 'Our products cannot compete with the cheap Chinese
products because more than 50 percent of our raw materials are
imported from Taiwan and China, prompting producers to raise their
prices'. |
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The Jakarta Post |
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2009-01-16 |
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Brazil takes Vietnam footwear off dumping list |
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The Brazilian Association of Footwear
Industries has officially asked its Brazilian Trade Protection
Agency to remove Vietnam from the list of countries subject to an
anti-dumping investigation. The move came after the Brazilian
authorities having scrutinised the volumes and prices of Vietnamese leather
shoe exports in the Brazilian market. |
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Viet Nam News |
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2009-01-06 |
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Vietnam: Shoes lose EU tariff preferences |
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The EU decision to
remove Vietnamese footwear from the Generalised System of
Preferences (GSP) as of January 1 is expected to put even greater
pressure on domestic producers and exporters.
Higher import duties will be added to the anti-dumping duty of 10
percent that the EU has slapped on 33 categories of Vietnamese
leather-upper shoes since 2006. |
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VOVNEWS.VN |