Home / Knowledge / News / Portugal footwear industry positive after Q1 results
Portugal footwear industry positive after Q1 results
22
Jun '10
This year's first quarter results depict that, Portugal's footwear industry seems to have gained positive results in ten years with respect to manufacturing, orders and employment.

But, drastic increase in the raw materials cost and the intended strict measures have pushed the industry in a state of ponder.

Portuguese Footwear Association, APICCAPS's quarterly analyses depict that, about fifty percent of the sector's businesses have claimed stable production of footwear, while remaining 28 percent have declared that business has increased.

Portugal's shoe industry comprises of approximately 1,300 firms and APICCAPS has just recently carried out surveys on atleast 10 percent of these firms.

More so, as of now, for almost two-thirds of the companies, manufacturing is at the regular level.

The improvement in business has also positively affected the employment section, as a slight increment has been observed in the number of people working for the industry.

Also, there are more number of firms who have said that the business is good than those who say that the business is bad. Three out of four firms believe that business is sufficient.

While 43 percent of the firms claim that number of orders has become constant, 27 percent said that the orders have gone up and 29 percent think that orders have reduced. More so, firms that contribute sufficient amount of their own concepts in collectibles, are the ones who witness good business.

However, even with the overall increase in the industry, APICCAPS shows its concern for stock supplies and the sudden increase in the raw material prices, which has risen by over 30 percent.

The raw material prices are of more concern as according to industry experts, they seem to be on the higher side, when compared to fifty percent of the total cost of shoe production.

In all, 40 percent of production is shipped to France, Holland receives about 30 percent and 10 percent is sent to Germany.

Remaining of the footwear production is distributed among USA, China UK, Sweden, Australia, Spain and Portugal, wherein Ferreira Avelar and Irmão's shoes are the only footwear range available in high-end Sacoor, Dielmar and Agostini stores.

Fibre2Fashion News Desk - India


Must ReadView All

Two slabs of GST will affect Bengaluru garment units: SIGA

Apparel/Garments | On 23rd Jan 2018

Two slabs of GST will affect Bengaluru garment units: SIGA

The South India Garment Association (SIGA) has voiced its concern...

US FTC updates textile rules to drop obsolete requirement

Textiles | On 23rd Jan 2018

US FTC updates textile rules to drop obsolete requirement

The US Federal Trade Commission has eliminated an obsolete provision...

Indian textile industry at inflection point: Report

Textiles | On 23rd Jan 2018

Indian textile industry at inflection point: Report

The textile and apparel sector of India is at an inflection point...

Interviews View All

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Top executives
Fashion houses, India

With technology, it has become easier to ensure IPR

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silke Brand-Kirsch
Schlegel und Partner

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

Marcel Alberts
Eurofibers

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

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

January 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search