Today, we bring you a new country snapshot, this time focusing on Russia. With a geographical area of 17 million km2, Russia is the largest country in the world and hosts 144.3 million people (2020). It is the fifth-largest economy in Europe, being one of the world’s leading producers of oil and natural gas, and a top exporter of metals such as steel and aluminum   

In the first quarter of 2022, Portugal exported 21 million pairs of shoes, worth 493 million euros. Footwear exports increased especially in extra-community markets   

The group informed that despite global strong demand for its products, revenue was down by 4.% in the first quarter of 2022 due to COVID-19 outbreaks in Mainland China   

Revenue from leather and leather products exports in the first eleven months of the year grew by 33.07% over the same period last year. Leather footwear exports contributed the most   

The company announced that Patrik Frisk will step down as President and CEO, effective 1st of June. Colin Browne, currently COO, will act as interim President and CEO until a new name is appointed