Home / Knowledge / News / Footwear industry set to make a trade record
Footwear industry set to make a trade record
10
Jan '08
The footwear industry of Portugal is planning to launch a promotional campaign in international markets with an investment of 8 million euros. This crusade if at all initiated will be held this month and will include nearly 140 companies.

The campaign was held even last year but this time the investment is about 21.4 percent larger than the year before. To be organized jointly by the Portuguese Association Footwear, Components, Leather Goods and Similar Manufacturers (APICCAPS) and the Agency for Investment and Foreign Trade of Portugal (AICEP), the campaign seeks external commercial promotion for the country's footwear industry.

In the year 2007, Footwear industry has for the first time supplied 90 percent of its production on the international market. Besides, the sector is the largest contributor to the country's earnings providing a surplus of 800 million euros.

Starting from 1995, the footwear industry of Portugal has participated in more than 290 foreign events that saw over 4,100 visitors by over 350 companies.

After showing an export growth of 1.4 percent in 2006, it is estimated that in 2007 sales of Portuguese footwear to international markets would rise by over 2 percent, to reach 1.17 billion euros.

Portugal is probably the only European country with a trade surplus in the footwear sector accounting for being the third largest European footwear exporter and the seventh largest worldwide.

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search