Brazilian footwear manufacturer Tecshoes has announced its intention to double the capacity of its operations in Nicaragua by 2015, increasing its production lines from five to ten, giving it a capacity of 10,000 pairs per day, reports Leatherbiz
The European Union is reducing from 13% - 14% to 3% - 4% the import duty on footwear from Vietnam. The aim of this change is to bring the exports of this Asian country into line with the General System of Preferences (GSP) in the EU.
CTC, the Worldwide Leader in Quality Assurance for the leather, leather goods, footwear, textile and fashion industries, continues to serve manufacturers and brands globally with its international expansion and development of its South-East Asia Hubs with the opening of CTC Indonesia.
Colombian footwear manufacturers are looking to recuperate a predominant national market share. In recent years they have been dislodged from the number one position by an invasion of Asian imports that has caused widespread damage to the Colombian sector.
Spanish footwear exports reached a record figure of €2.26 billion in 2013 which is a 10.3% increase over the performance in 2012. The Spanish Footwear Federation (FICE) classifies this figure as “very positive” although it noted that in the final quarter of the year growth had slowed a little.