The clothing and footwear sectors recorded a 27% year-on-year decline in the first five months of the year, according to the Argentine Chamber of Commerce and Services
A bill proposing the creation of a promotion scheme for the footwear industry was approved by the Lower House, with 127 votes in favour, passing on to the Senate
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
The production of footwear and its components in Argentina grew by 14.5% in July and 3% in the first seven months of 2023, as compared to the same period of last year
The Argentine Chamber of Suppliers of the Footwear Industry (CAIPIC) demands further clarifications on the Footwear Promotion Law to avoid situations that could impact the sector
Both the Brazilian Footwear Industries Association (Abicalçados) and the Footwear Industry Chamber from Argentina (CIC) stressed the importance of the External Tariff of Mercosur (TEC) for the sustainability of the sector
The latest edition of Inspiramais unveiled over a thousand innovative and sustainable materials while promoting significant discussions about sustainability and design in the fashion industry
The Argentine company Bicontinentar, which restarted a sports shoe production line in May 2021, in Chivilcoy, announced that it will manufacture footwear for the French brand Le Coc Sportif and open a second line for Under Armour
The Argentine Grupo Blanco announced that it will increase the production of Havaianas by 80% this year. In addition, it will develop a product line to export to Europe and the US in 2023
These limits are a consequence of the latest measures taken by the Argentine government to contain the outflow of foreign currency. Brazilian footwear industry voices its concerns
Retail sales from small and medium businesses fell by 3.4% in May, year-over-year, and by 8.9%, as compared to April. Price and cost increases affected profitability and consumer’s confidence
According to Abicalçados, the good performance of footwear exports in the first quarter of 2022 was driven by high demand from the US, but also from the Latin-American neighbours
According to Abicalçados, footwear exports had the best performance in the first two months of this year since 2011. International conjecture is showing to be favourable for the industry
In 2021, Brazil shipped 123.6 million pairs of shoes, which reflects an increase in volume of 32% and 7.3%, as compared to 2020 and 2019, respectively. Positive trajectory should continue over 2022
The forecast is from the President of the Chamber of the Footwear Industry, who noticed that companies would still be working at full capacity to meet demand at least in the first week of December