News from World

tag: Calzature

25 March 2022

Indonesia, Islamic fashion asserts itself but neglects the precarious situation of female workers

Ecotextile describes how difficult the situation of fashion workers in Indonesia is, despite a new industry study by Annisa Beta, a lecturer at the University of Melbourne in Australia, stating that Indonesian designers are credited as the driving force behind the country's Islamic fashion industry.

21 March 2022

Yue Yuen recovered in 2021 with a net profit of $115.1 compared to a loss of $90.8 million in 2020

Revenue of $8.53 billion increased 1%, compared with the previous year, with the solid recovery seen in the first half of 2021 largely offset by the disruption to manufacturing operations in Vietnam and weak retail sales in the second half of the year. [Yue Yuen Returns To Profitability In 2021 SGB Media]

17 March 2022

Mexican shoe factories reorganize after Covid

The footwear sector is in a process of recovery, both in jobs and in factories. In January 2022, the shoe factories of Guanajuato recovered 8,000 of the 15,000 jobs lost at the most critical moment of the coronavirus pandemic. [México: la industria del calzado está saliendo del túnel – Puntodincontro]

17 March 2022

Leather’s revenues higher than coffee, tea, rice, rubber, cotton, and sugar combined, but East Africa’s share of this pie is a paltry 0.24%.

A survey by the Leather Apex Society of East Africa, which is seeking to establish leather quality infrastructure in the East African Community (EAC), finds a sector that is bubbly with optimism and rich material base even as it is held back by low uptake of technology and inadequate supporting policies. [Policy tweaks that can raise leather production in EAC- Business Daily]

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15 March 2022

We are starting to obtain estimates of the economic impact of the Russian invasion of Ukrain

Shoe Intelligence writes it. The war hits the German shoe industry after a strong 2021. The Russian footwear market faces a perfect storm. Following the G7's announcement regarding Russia sanctions, US imposes Russia import/export ban on luxury goods, including footwear, with extension to any transaction in USD for these goods.

14 March 2022

Seven things worth knowing about the Portuguese footwear industry

There are small numbers that make the difference, such as the growth in exports of 0.24% in the last quarter of last year, the best ever in the history of the sector, writes The Expresso, also informing that a Hugo Boss plant will be established on the national territory.

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