Covestro newsletter
 28 September 2021
  
Highlights
 
World
China’s share in footwear production down by 13% in a decade
Sep 28, 2021 / World
China is the unquestionable leader in footwear production, having achieved a share in the world total of 54.3% in 2020. This translated into more than 11 billion pairs produced by China last year. However, in a decade, the share of China in global footwear production was down by 13%, corresponding to more than 8 percentage points lost and going down from a 62.4% share in 2010   
 
Trade
Pakistan exports of footwear and leather are on the rise
Sep 24, 2021 / Pakistan
According to the Pakistan Bureau of Statistics exports of leather products, tanned leather and footwear increased in the first two months of the new fiscal year   
 
Companies
Crocs aims at 5 billion US dollars sales
Sep 24, 2021 / United States
The US-based brand of casual footwear has announced its long-term strategy for sustainable and profitable growth. Crocs expects its revenue to increase to more than 5 billion US dollars by 2026   
 
Companies
Felmini takes sustainable steps
Sep 28, 2021 / Portugal
The Felgueiras-based footwear company has adjusted its productive process and invested in more environmentally friendly materials to reduce the ecological footprint of its footwear   
 
World
US: holiday retail sales likely to increase
Sep 27, 2021 / United States
According to Deloitte’s annual holiday retail forecast, holiday retail sales are expected to increase between 7% and 9% in 2021. E-commerce sales should grow the most   

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