Home / Knowledge / News / Footwear exports touch a high of $2.3 bn
Footwear exports touch a high of $2.3 bn
10
Jul '10
Leather and footwear exports for the first half of the current year, as compared to the corresponding period last year, have gone up by 10.9 percent, to touch US $2.3 billion.

According to the Vietnam Leather and Footwear Association, during the period under consideration, US emerged as the leading importer, with a 28.9 percent share in total exports.

A decline was noted in the exports to EU, as European Commission levied anti-dumping duties for importing leather-capped shoes, manufactured in Vietnam.

At present, a majority of the footwear manufacturers have orders to suffice till last part of the year. Also, when compared to last year, this year the quantum of orders has gone up by almost 15-20 percent.

Vietnam mainly exports sports shoes, cloth and leather shoes, and sandals to over 50 countries and terrains. Several companies counting Biti's, Vina Giay, and T&T have effectively developed their own brands.

Exporters have since been concentrating on growing their share in the domestic market, chasing a target of 50 percent share, but the footwear sector during the first part of the year experienced a dearth of labour to the extent of 10 percent.

The association has advised the shoe manufacturers to take appropriate steps to keep hold of the labourers, and to also train the new workers, whom they appoint.

Fibre2Fashion News Desk - India

Must ReadView All

Textiles | On 25th May 2017

Huntsman and Clariant to have merger of equals

Huntsman Corporation and Clariant have announced that their boards of ...

Courtesy: CBRE

Apparel/Garments | On 25th May 2017

European cities preferred for retailer expansion: CBRE

European cities were the preferred new destination for international...

Apparel/Garments | On 25th May 2017

Guess records $458.6 million revenue for Q1 2018

For the first quarter of fiscal 2018, the net revenue of American...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Suresh Patel
Sidwin Fabric

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Silvia Venturini Fendi
Fendi s.r.l

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

Judy Frater
Somaiya Kala Vidya

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

Jay Ramrakhiani
Occasions Elegance Wear

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

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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