Home / Knowledge / News / Global recession influence to the footwear industry - LEFASO
Global recession influence to the footwear industry - LEFASO
03
Jul '09
As global economic downturn and weakening international markets, coupled with over capacity and production cost rising, the shoe export target of 5.1 billion U.S. dollars set at beginning of this year is unlikely to complete, commended in Vietnam related authority.

According to the statistics from Vietnam Leather and Footwear Association (LEFASO), shoe export value slowed 10% to 1.3 billion U.S. dollars in the first four months over the same period of last year, particularly exports to Britain, Japan and EU countries.

LEFASO said considering the weak demand in international market and shrinking in shoe export, Vietnamese shoemakers should revise the production and export program according with actual situation. The top priority should be given to technical innovation and products designing, personnel training so as to improve the quality of shoe.

Vietnam Leather and Footwear Association (Lefaso)

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Suresh Patel
Sidwin Fabric

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

Marcel Alberts
Eurofibers

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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