Brazil
Brazilian Footwear identifies targets for next two years
This incentive program aimed at footwear exports and developed by Abicalçados and Apex-Brazil is renewed every two years since its implementation in 2000
Brazilian footwear exports recover ground but are still below expectations
According to data released by Abicalçados, footwear exports were down by 6.1% in the first quarter of 2016, compared to similar period last year. Notwithstanding, in March a recovery was registered
Exports of hides and skins with slight recovery in Brazil
The Centre for the Brazilian Tanning Industry (CICB) has announced the figures for international trade during the month of February. After closing the year with declining exports, the industry shows some recovery signs
Grendene with net profit increase despite decline in sales
The Brazil-based company closed 2015 with declining net sales (-1.4%). Despite that, net profit for the period presented a two digits growth rate (+22.1%)
Anti-dumping duty extended in Brazil
As communicated by the Ministry of Development, Industry and Foreign Trade (MDIC), from the 2nd of March onwards the surcharge applied to footwear imported from China will be 10.22 US dollars per pair
Footwear exports recover in Brazil
According to data released by the Brazilian Shoe Manufacturers Association, footwear exports registered an increase of 60% in December in comparison with the previous month. This recovery resulted in a minor reduction of the global figures for the 2015 external trade figures
Brazilian footwear exports grew in November
According to data released by the Brazilian Shoe Manufacturers Association, footwear exports registered an increase of 4.7% in November in comparison with the previous month. From January to November, sales abroad declined by 11.3% compared to similar period last year
44% stake in Alpargatas sold for over 720 million US dollars
Camargo Corrêa S.A. confirmed the business is going ahead. J&F Investimentos SA is taking over control of the Havaianas flip-flops maker. The deal involves 2.7 billion reais (roughly 720 million US dollars)
Brazilian footwear exports back to the declining trend
After the recovery in the month of September, footwear shipments fell again in October. The tenth month of 2015 totaled 71.3 million US dollars’ worth of exports, down by 16.1% from similar period in 2014
Brazil increases destinations for its leather-footwear sector
Assintecal, the Brazilian Association of Companies of Components for Leather, Footwear and Manufactured Goods, confirmed Brazilian leather-footwear now reaches 152 countries
Grendene with two digits profit growth
The Brazil-based company closed the third quarter consolidating its net revenue (+2.3%). Net profit for the period with two digits growth rate
Brazilian footwear sales to UAE continue to grow
From January to September, shoe sales from Brazil to the United Arab Emirates went up by 17.5%. In the same period, Brazilian footwear exports dropped by 12%
Increase in Brazilian footwear exports
The inversion of the trend of the last few months is been seen as the beginning of a long-awaited recovery, however, exports in September were still 9.3% lower than what was registered in similar period in 2014
Brazil analyses extension of anti-dumping duty
The duty applied to footwear imported from China is currently at 13.85 US dollars. The extension of the anti-dumping duty is under investigation
Outer Shoes environmental cause
Shoes sold in their chain of stores will be converted into seedlings. Special collection was launched to stimulate sales-
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