News from World

tag: Calzature

11 March 2022

China: migrant workers from Yangxin return to open their own footwear business

Since 1990, more than 100,000 young workers who were called “Yangxin Shoemakers” had worked in footwear companies in Wenzhou, Zhejiang Province. Yangxin County is located in The City of Huangshi, southeast of Hubei Province. Currently there are more than 130 footwear companies in Yangxin, the owners of these footwear companies are the returning migrant shoemakers. [Source: China Leather Association - Ran Fulin 11/3/2022]

11 March 2022

Chinese become a major force on the duty-free market in the Asia-Pacific region

Chinese is the main consumer in the duty-free market in the world, especially in the Asia-Pacific region. Since the outbreak of COVID-19, the number of Chinese outbound tourists has decreased significantly, which has brought a big blow to the overseas tourism retail market. [Fonte: China Leather Association - Autor: Ran Fulin 10/03/2022]

10 March 2022

BASF increases additive prices for plastic applications

Effective immediately, BASF is increasing the prices of the antioxidants Irganox® 1076, Irganox® PS 802 and related blends from its portfolio of additives for plastic applications by up to 35% worldwide. [BASF erhöht Preise für Additive für Kunststoffanwendungen – BASF]

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08 March 2022

Impacts of the invasion of Ukraine on fashion supply chains

Rising commodity prices: negative impact of 2-3% on luxury. Shoe price in Russia +15-25% in 2022, due to increased production costs and depreciation of the ruble. The Russian government intends to allow repayments in rubles to counterparts in "hostile" countries. [Sources: Shoe Intelligence and CNBC]

28 February 2022

OECD Forum on Due Diligence in the Apparel and Footwear Sector

OECD Deputy Secretary-General Yoshiki Takeuchi explained from Paris how the fashion, apparel and footwear industry can recover from the COVID-19 pandemic in a way that protects the environment and vulnerable workers in the supply chain.

23 February 2022

Consumers and exports in textiles and leather at the base of the expansion of manufacturing in Indonesia

Manufacturing is expanding. The PMI index at 53.7 exceeded the PMI of ASEAN countries (52.7). Manufacturing exports account for 76.49% of the total. Footwear recorded the highest growth (+33.42%), in pairs, from 793.8 million to 1.05 billion. They drive foreign companies, which absorb most of the labor. PT Shoes Bata Tbk (BATA)plans for 2022: a mixture of local market and exports.

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