Estimates point to a single-digit export growth for the sector in 2016, as a result of political instability around the world and strong competition from other Asian footwear exporting countries
Total footwear sales abroad in the first six months of the year reached 6.23 billion US dollars rising from a total of 5.88 billion US dollars for the same period in 2015
That is the belief of the Chamber of the Footwear Industry of the State of Guanajuato (CICEG), which presented a new study on the TPP impacts on the footwear industry in Mexico
According to local authorities, in the first semester of the current year, Vietnam has seen an expansion in production scale of Taiwan-based footwear firms
M. Rafeeque Ahmed, Chairman of the Council for Leather Exports (CLE), has underlined the mutual benefits of a stronger partnership between the two nations
The leather and footwear sector’s exports reached nearly 5 billion US dollars in the first five months of this year, up by 6% compared to similar period last year, according to the Ministry of Industry and Trade
According to several agency news in the Asian country, the local Government and the Industry’s association have confirmed robust development of the exports of footwear and related items in 2015
Lefaso, the Vietnam Leather, Footwear and Handbag Association reported that last year the country export 4.88 billion US dollars’ worth of footwear to the EU
The US and 11 Pacific countries have reached an agreement regarding the region’s largest trade deal in its history, the Trans Pacific Partnership (TPP)
The two regions reached an understanding for a free trade agreement. This will open one of Asia’s fastest-growing economies and a consumer market of more than 90 million people to EU companies
According to Indonesia Investments, a local investment and development company, the sportswear giant is consolidating its presence in the country, setting a new manufacturing facility
According to Lefaso, the Vietnam Leather and Footwear Association, using data released by the local General Administration of Customs, footwear sales abroad grew by 23.6% in the first 11 months of the year