The opening of the common border between Colombia and Venezuela has begun to generate benefits for the neighboring country's trade sectors. One of them is the footwear industry. This is reported by digital media such as Blu Radio. The station reported that it will need to hire more than 2,000 workers at shoe factories in Bucaramanga, Colombia. [Se reactiva industria de calzado en Colombia- Venezuela News]
The World Brand Lab announced the list of Asia's Top 500 Brands for the 2022, and the 500 Asian brands come from 20 countries and regions. Sports group Anta is ranking on position of 269 in the Top 500 Brands for 2022. [新华网_让新闻离你更近 – China News]
Nike’s foothold in China appears to be slipping. Buoyed by a patriotism-fueled domestic boom, homegrown rival Li-Ning saw its brand value spike by 66 percent to $3.4 billion, the biggest gain recorded in a ranking of 100 most valuable Chinese brands this year. [Nike Rival Li-Ning is China’s Fastest-Growing Brand – SJ]
Hoodies with eye-catching Chinese characters. Coats covered in tiger stripes. Shoes featuring traditional floral patterns. China’s homegrown sportswear is the latest craze among its young generation as they begin to switch from international brands to locally produced ones. (Class- Xinhua Silk Road)
The prime minister of Italy, Mario Draghi, paid an official visit to the leather manufacturing cluster at Santa Croce sull’Arno in Tuscany on February 24 as part of a wider tour of the region. He also visited a number of finished-product factories near Florence [Leather sector poised for “vigorous growth”, Italy’s prime minister insists – Footwearbiz]
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