Brazil
Challenges loom for the Brazilian footwear industry in 2025
With tax reform and trade protection as priorities, Brazil's footwear industry expects pressing challenges in 2025, including payroll tax changes, high interest rates and import competition
EU and Mercosur conclude free trade negotiations
Last Friday, the European Union and the Mercosur bloc agreed on the much-delayed free trade agreement. The deal is now subject to approval by the Council and Parliament
Brazilian footwear industry eyes recovery despite growing trade pressures
The Brazilian footwear industry is expected to surpass pre-pandemic production levels in 2025. However, rising low-cost competition from imports poses challenges to local manufacturers
Alpargatas reports continued growth in 2024
Havaianas' performance in Brazil, with increased volumes and improved margins, and Rothy's revenue growth of 29% in the third quarter of 2024, compared to last year, anchors Alpargatas' growth
Grendene posts strong nine-month performance
Despite a challenging macroeconomic environment, the Brazilian footwear company, owner of the Melissa and Ipanema brands, has posted a strong performance in the first nine months of the year
Domestic demand drives growth in Brazil’s footwear sector
In the first nine months of 2024, Brazil’s footwear industry produced over 671 million pairs, up 4.8% from 2023. Increased footwear consumption helped create over 14,500 jobs in the sector
Vulcabras achieves the highest EBITDA in its history
The Brazilian footwear company has reported a strong performance in the third quarter. It has achieved its highest EBITDA ever, thus validating the consistency of its business strategy
Brazilian footwear exports show slight signs of recovery as export declines ease
Brazilian footwear exports fell by 7% in volume and 3.3% in value in September, but there are signs of stabilisation as growth picks up in key markets such as Argentina and the US
Abicalçados launches campaign against growing footwear piracy in Brazil
Abicalçados' anti-piracy campaign aims to gather information to combat physical distribution networks and emphasise the dangers that counterfeit footwear poses to society as a whole
Brazilian footwear production grows between January and July
According to the Brazilian Association of Footwear Industries (Abicalçados), footwear production grew by 3.9% between January and July of 2024, compared to the same period last year
Brazilian footwear: trade balance falls by 30% up to August
Brazilian footwear exports continue to fall, while imports continue to rise, leading to a 30% drop in the sector’s trade balance. Low international consumption and competing Asian players are behind the decline, says Abicalçados
Parent company of Havaianas reports growth
Brazilian company Alpargatas has reported a strong second quarter, underlining the success of the restructuring strategy launched a year ago
Brazilian footwear industry concerned by surging Chinese imports
The warning comes from Abicalçados. The surge in Chinese footwear imports is causing concern for the Brazilian footwear industry, which continues to see a steady decline in exports
Brazilian footwear exports remain in the red
Brazilian footwear exports are still in the red. In the first five months of the year, footwear exports fell by 25% in volume and 22% in value, as compared to the same period of last year
Footwear consumption in Latin America set to grow by more than 4% in the next five years
Footwear consumption in Latin America is set to grow by more than 4% in the coming years, according to an estimate by Abicalçados presented at the last edition of the Latin American Footwear Forum-
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