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.


Interviews View All

Priyanka, Studio Priyanka Rajiv

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Top executives, Textile & apparel bodies

Top executives
Textile & apparel bodies

The decision to reduce GST on MMF yarn to 12% is transformational

Poojaa Kumar Deepak, Zeven

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Karan Behal,

Karan Behal

Karan Behal, founder and chief executive of top-selling brand...

Erik Sy,

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Lukas Hartmann,

Lukas Hartmann

Intex Consulting GmbH is a completely integrated enterprise resource...

Kazuaki Yazawa, Purdue University

Kazuaki Yazawa
Purdue University

Scientist <b>Kazuaki Yazawa</b> has developed thermoelectric semiconductor ...

Hemant Bheda, Arevo

Hemant Bheda
Arevo

Arevo, based in Silicon Valley in California, develops technology to...

Lynda Kelly, Suominen Corporation

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Yash P. Kotak, Bombay Hemp Company

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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


November 2019

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

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search