>>
Home / Knowledge / News / Fashion / Footwear export to China rises enormously

Footwear export to China rises enormously

17
May '08
According to the Brazilian Footwear Industry Association, during the first four months of 2008, Brazil exported nearly 3,55,183 pairs of shoes to China, Hong Kong and Macau. This statistics is equivalent to the total sale, the nation had, in these regions last year, showcasing a boost of almost 73 percent.

Brazil earned revenue worth US $8.29 million by exporting nearly 67 million pair of shoes in Q1, out of which sales to China totaled around $5.72 million. The rise in export has made the footwear enterprises shift their focus on thriving Chinese market, instead of concentrating on other low consumption countries like US.

The nation is planning to export high-end footwear to China as the demand in the domestic market for the same has increased. A new breed of customers who are extremely brand conscious are opting for expensive Brazilian footwear instead of picking up low cost Chinese shoes.

In 2007, Brazil exported approximately 4,86,979 pairs of shoes to China, Macau and Hong Kong with a value of nearly $8.29 million.

Many Brazilian shoemakers have shifted their units to China and are producing nearly 60 percent of the total footwear supplied in the world.

Its not only the footwear manufacturers that are getting attracted by the profits that Brazilians can earn but many renowned jewellery companies are also getting fascinated by lucrative local market. Thus, they are now planning to launch lavish stores in China.

Arezzo, is ready to invest in that profitable market by opening its first store in Shanghai that will sell designer accessories including bags and shoes. It will launch 11 more outlets by the end of this year in various parts of the nation.


Must ReadView All

Pic: Shutterstock

Textiles | On 19th Jan 2022

Supply bottlenecks, high prices, omicron affect growth prospects: ECB

The global economy is on a recovery path, although persisting supply...

Pic: Shutterstock

Textiles | On 19th Jan 2022

Inflation peaks months earlier in Turkey than expected

Turkish finance minister Nureddin Nebati said inflation would peak in ...

Pic: Shutterstock

Textiles | On 18th Jan 2022

Singapore, Bangladesh agree to conclude FTA early

Bangladesh and Singapore have agreed to accelerate the process of...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Textile Industry, Head honchos

Textile Industry
Head honchos

Occam's razor principle and purpose-driven innovations

Textile Industry, Head honchos

Textile Industry
Head honchos

Fabric selection & recommendation based on client's brief

Benedetta Terraneo,

Benedetta Terraneo

Miko Srl, a subsidiary of US-based Sage Automotive Interiors and a member...

K Madhavan,

K Madhavan

Established in 2005 by P Manjunath, Peps is India's largest inner spring...

Richard Armitage,

Richard Armitage

Adaptive Control automates, controls and monitors machines, systems and...

Ingo Soller, TWE Group

Ingo Soller
TWE Group

The TWE Group is one of the leading global players in the nonwovens...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Frank Heislitz, Freudenberg Performance Materials

Frank Heislitz
Freudenberg Performance Materials

Freudenberg Performance Materials is a leading global manufacturer of...

Anju Modi, Label Anju Modi

Anju Modi
Label Anju Modi

Filmfare Award winner for best costume designer,<b> Anju Modi </b>is...

Gavin Miguel, Label Gavin Miguel

Gavin Miguel
Label Gavin Miguel

Acclaimed fashion designer <b>Gavin Migue</b>l is known for his couture...

Ritu Kumar, Label - Ritu Kumar

Ritu Kumar
Label - Ritu Kumar

<b>Ritu Kumar</b> is the most respected designerwear brand in India...

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

Leave your Comments

ESTEEMED CLIENTS

BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Recron Polyester from Reliance Industries Limited
Hela Clothing Pvt Ltd
The LYCRA Company Singapore  Pte. Ltd
SHAHI Exports Pvt Ltd
Rayonese Textile Inc., Division de Culp Inc.
J ;& P Coats
MAS Active / MAS Kreeda / MAS Bodyline
Restoque S.A.
T.T. Limited
LC Waikiki
NITI Aayog
Vianney Textil Hogar S.A. De C.V.
Grasim Industries Limited
Sainsbury's Argos Asia Limited
Under Armour Global Sourcing Ltd
Chori Company Limited
Asos

January 2022

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


Advanced Search