World Footwear

Brazil

Owner of Melissa and Ipanema delivers weak third quarter performance

Nov 10, 2023 / Brazil
The Brazilian Grendene posted a revenue decline in the third quarter of 2023, as unfavourable domestic macroeconomic conditions and the global economic slowdown continue to impact consumer demand

Argentina surpasses the US as the main destination for Brazilian footwear

Oct 16, 2023 / Brazil
In a year when Brazilian footwear exports slowed down due to the difficult international economic context, Argentina surpassed the US as the main destination for yellow and green footwear

Rising imports worry the Brazilian footwear industry

Sep 25, 2023 / Brazil
In August, Brazilian footwear imports grew by 62% in volume and 42% in value, on a comparable basis to the same month of 2022. Asia already accounts for 85% of the total, says Abicalçados

Grendene's sales decline in the second quarter

Sep 1, 2023 / Brazil
Despite posting a weak second quarter performance in 2023, the Brazilian owner of the Melissa and Ipanema brands is pleased with its first half and confident for the remaining year

High stock levels weigh on Alpargatas' overall performance

Aug 28, 2023 / Brazil
The owner of Havaianas and Rothy's posted a revenue and profits decline in the first half of 2023 due to high inventory levels, as well as inefficiencies in its overall operation

New growth forecast for the Brazilian footwear industry

Aug 23, 2023 / Brazil
The Brazilian Footwear Industries Association (Abicalçados) has revised the footwear sector's growth in production for 2023 to 2.1%, as compared to the previous forecast of 1.7%

International economic context weighs on Brazilian footwear exports

Aug 14, 2023 / Brazil
Falling global growth rates and high inflation continue to affect the performance of Brazilian footwear exports, which have been declining in both volume and value in the past months

New tax exemption puts 30 000 jobs at risk in the Brazilian footwear industry

Aug 10, 2023 / Brazil
The warning comes from Abicalçados, which voiced concern over the exemption of tax payments for large international platforms for the entry of products in the range of up to 50 US dollars

Brazilian footwear exports on downward trajectory

Jul 25, 2023 / Brazil
In the first half of 2023, Brazilian footwear exports declined by 13.6% in volume and 3.8% in value year-over-year due to a global economic slowdown. Performance in the US market has suffered the most

Upcoming edition of Inspiramais to highlight the manual work in fashion

Jul 10, 2023 / Brazil
The organicity and craftsmanship of materials and supplies will be at the centre of the next edition of Inspiramais, to be held from the 11th to the 12th of July in Porto Alegre, Brazil

Brazilian footwear exports fall

Jun 22, 2023 / Brazil
In May, Brazilian footwear exports fell by 18.7% in volume and 5.6% in value, year-over-year, due to the devaluation of the dollar, the slowdown of the economy and the rise in Chinese exports

Brazil: footwear consumption to increase more than 3% in 2023

May 30, 2023 / Brazil
According to the forecast by the Brazilian Footwear Industries Association (Abicalçados), in 2023 the sector's growth should take place in the domestic market

CICB Sustainability Forum will be held at the Fimec Fair in 2024

May 26, 2023 / Brazil
The CICB Sustainability Forum will once again be held during Fimec (International Fair for Leather, Chemicals, Components, Machines and Equipment for Shoes and Tanneries), in Novo Hamburgo (Brazil)

Vulcabras posts a 54.8% increase in net profit

May 19, 2023 / Brazil
The Brazilian-based company of sports footwear reported “strong growth” in the first three months of the year, despite an “unstable macroeconomic scenario and a challenging retail environment”

Alpargatas posts a decline in revenue and profits

May 10, 2023 / Brazil
The Brazilian owner of Havaianas announced that it is looking to increase efficiency after posting a decline in revenue and profits in the first quarter of 2023. The company's CEO has resigned
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