Home / Knowledge / News / Footwear sector awaits EU judgment on anti-dumping
Footwear sector awaits EU judgment on anti-dumping
09
Apr '08
A bulletin issued on March 26 by the EU entailed that the anti dumping taxes imposed on Chinese and Vietnam shoes enterprises would expire by October 7 this year.

Related enterprises in the region were asked to put forward their application, in favor or against the decision, three months before the due date.

Thereafter, the EU Committee would decide whether or not to prolong the anti-dumping taxes.

However, Italy has vehemently opposed the expiry of anti-dumping taxes and has applied to the committee for prolonging the charges.

On the other hand, Chinese enterprises who having been struggling hard to overcome this turbulent phase, is also looking forward to a favorable solution.

Situations have worsened for local footwear producing and exporting firms who are surrendering to closures under the rising pressure of RMB appreciation.

Dongguan Province, known for its popular shoe industries is witnessing a slow death of its once flourishing sector and if anti-dumping taxes are prolonged, China will have to prepare itself for a devastating end of its footwear industry.

Related news

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: H&M

Apparel/Garments | On 30th Mar 2017

H&M group's sales increase 7% in 3 months to Feb '17

The H&M group's sales including VAT amounted to SEK 54,369 million...

Textiles | On 30th Mar 2017

Vietnam’s textile & garment exports earn $4bn in Jan-Feb

Vietnam earned $4 billion from textile and garment exports in the...

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Interviews View All

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search