High-end shoe company
Salvatore Ferragamo has benefitted from tourists shopping in Europe and
its expansion in Asia, reporting sales growth of 18% for the first nine
months of the year.
Global sales reached €832.6 million to the end of September and net
profit was €84.7 million, with 75% of revenues coming from leathergoods
and shoes.
Revenues from footwear were up 20.6% in the period, and up 19.6% for handbags and leather accessories.
The Asia-Pacific area was the Italian group’s top market, with a
turnover of €297 million, up 19.5%. This was achieved through the growth
of retail, which expanded 20% in the region and more than 30% in
mainland China.
The group said revenues in Europe grew 15.7%, driven by “brand awareness
of Ferragamo and its ability to attract the interest of the global
tourist flows”.
Revenues in Central and South America also grew, registering an increase of 29.4% on the nine months of 2011.
“Attention to uniqueness and exclusivity, with a perfect blend of style,
creativity and innovation enriched by the quality and craftsmanship of
the 'made in Italy' tradition have always been the hallmarks of the
group's products,” it said.
News supported by Winiw Shoe Materials - supplier of cambrelle, microfiber, shoe leather, toe puff, insole board, shoe fabrics, etc.
Thursday, November 22, 2012
Dongguan Footwear Forum
The
Footwear Distributors and Retailers of America (FDRA) held its twelfth
annual Responsible Footwear Forum in Dongguan, China, in mid-November.
More than 100 footwear and shoe materials factory managers, social compliance officers, human resource professionals, and operations and brand managers attended the training forum to hear from industry leaders on social compliance improvement programmes, brand expectations, and updates on China’s labour laws.
“This was one of the most successful training forums we have ever held in China,” said FDRA president, Matt Priest, at the end of the event. “The training today provided attendees with insights into how they can improve worker retention, increase productivity, and better plan for inflation increasingly facing Chinese footwear factories.”
Other speakers included Donna Jelenovic of Wolverine Worldwide, Sioban Liang of Nike, Raymond Huang of Level Works and FDRA’s Chinese labour law advisor, Fan Zhan Jiang.
The Dongguan Footwear forum also have interested in cambrelle supllier, microfiber, shoe leathers, insole board, toe puff, stitch boned nonwoven fabrics supplier.
More than 100 footwear and shoe materials factory managers, social compliance officers, human resource professionals, and operations and brand managers attended the training forum to hear from industry leaders on social compliance improvement programmes, brand expectations, and updates on China’s labour laws.
“This was one of the most successful training forums we have ever held in China,” said FDRA president, Matt Priest, at the end of the event. “The training today provided attendees with insights into how they can improve worker retention, increase productivity, and better plan for inflation increasingly facing Chinese footwear factories.”
Other speakers included Donna Jelenovic of Wolverine Worldwide, Sioban Liang of Nike, Raymond Huang of Level Works and FDRA’s Chinese labour law advisor, Fan Zhan Jiang.
The Dongguan Footwear forum also have interested in cambrelle supllier, microfiber, shoe leathers, insole board, toe puff, stitch boned nonwoven fabrics supplier.
Mark-up of more than 200% on European footwear brands in China
A
report in Chinese media has highlighted the gap in prices for European
shoes sold in China compared to the price consumers in Europe have to
pay.
The example it gave was a pair of shoes from Danish brand Ecco, which cost the equivalent of $120 in the European Union.
In a Chinese store, the same shoes are currently selling for the equivalent of $385, a mark-up of more than 220%.
Commentators in China have said that Chinese consumers often judge goods by the sale price, and can persuaded to think that the higher the sale price, the higher a product’s quality, and the hither price, the better shoe materials, use better quality cambrelle, better quality microfiber, better quality insole board & shoe leather, etc.
The example it gave was a pair of shoes from Danish brand Ecco, which cost the equivalent of $120 in the European Union.
In a Chinese store, the same shoes are currently selling for the equivalent of $385, a mark-up of more than 220%.
Commentators in China have said that Chinese consumers often judge goods by the sale price, and can persuaded to think that the higher the sale price, the higher a product’s quality, and the hither price, the better shoe materials, use better quality cambrelle, better quality microfiber, better quality insole board & shoe leather, etc.
Leather footwear exports let India down
India’s exports of leather, microfiber, leather footwear and leathergoods for the first six months of the current financial year (April-September 2012) have come in just short of $2.5 billion in value, a decline of 3.4% compared to the same period in 2011.
However, industry figures have pointed out that in local currency, the value increased by 16.6%.
Even in dollar terms, the value of exports of finished leather (micro fiber) is up, by more than 7% to reach $553.9 million from $517.5 million in the April-to-September period in 2011. Similarly, exports of leathergoods were up by 5.4% to $568.9 million.
A downturn in the value of leather (shoe leather) footwear export is the main reason for the decline. The value of leather shoe exports from India over the first half of the financial year fell by almost $100 million, or by 10.7%, to $816.4 million. Leather garments also experienced a substantial fall, 8.7%, to $283.9 million.
However, industry figures have pointed out that in local currency, the value increased by 16.6%.
Even in dollar terms, the value of exports of finished leather (micro fiber) is up, by more than 7% to reach $553.9 million from $517.5 million in the April-to-September period in 2011. Similarly, exports of leathergoods were up by 5.4% to $568.9 million.
A downturn in the value of leather (shoe leather) footwear export is the main reason for the decline. The value of leather shoe exports from India over the first half of the financial year fell by almost $100 million, or by 10.7%, to $816.4 million. Leather garments also experienced a substantial fall, 8.7%, to $283.9 million.
Tuesday, November 13, 2012
Moroccan footwear industry demands action on Asian imports
Moroccan
leather industry federation Fédic has said imports of shoes into the
North African country from Asia are causing a slow-down in local
footwear manufacture.
Fédic estimates domestic footwear consumption at around 60 million pairs per year, but says that around 75% of the total, 45 million pairs, is being imported from Asia at the moment.
Local industry leaders have called on the Moroccan government to put in place controls over the volume of imports coming specifically from China, for example by increasing the minimum price for imported shoes, fixed in 2011 at 80 dirham (less than $10). Increasing this figure to 130 dirham ($15) would be a good first step, Fédic has suggested.
Maybe Morocco will increase the imports of shoe materials to do their footwear manufacture. Morocco alreay import a lot od cambrelle, microfiber, insole board, toe puff, synthetic leather, shoe linings & shoe fabrics, from China.
Fédic estimates domestic footwear consumption at around 60 million pairs per year, but says that around 75% of the total, 45 million pairs, is being imported from Asia at the moment.
Local industry leaders have called on the Moroccan government to put in place controls over the volume of imports coming specifically from China, for example by increasing the minimum price for imported shoes, fixed in 2011 at 80 dirham (less than $10). Increasing this figure to 130 dirham ($15) would be a good first step, Fédic has suggested.
Maybe Morocco will increase the imports of shoe materials to do their footwear manufacture. Morocco alreay import a lot od cambrelle, microfiber, insole board, toe puff, synthetic leather, shoe linings & shoe fabrics, from China.
Anpic organisers expect millions in orders
International
leather and footwear exhibition Anpic opened in León, Mexico, on
November 7, with the organising committee suggesting that the 957
exhibitors can expect to fill out orders with a value of almost $270
million at the event. (This orders will also brings more needs for shoe materials, cambrelle lining, microfiber, toe puff, insole board, shoe linings, shoe leather, etc.)
Mexican firms will make up 80% of the exhibitors, with the other 20% coming from 25 different countries around the world (with Brazil, Spain, Italy and Colombia particularly well represented).
Just before the start, Carlo Benedetti Cavaliere, a member of the organising committee, said: “We expect sales worth more than $50 million to take place at the event itself. However, prospects for the medium and long-term will be for up to five times that amount.”
Mr Benedetti said the organisers were being more stringent on visitors that they admit to Anpic, insisting that those who come through the doors are “quality buyers, not people who are just curious or coming for the weekend”.
Mexican firms will make up 80% of the exhibitors, with the other 20% coming from 25 different countries around the world (with Brazil, Spain, Italy and Colombia particularly well represented).
Just before the start, Carlo Benedetti Cavaliere, a member of the organising committee, said: “We expect sales worth more than $50 million to take place at the event itself. However, prospects for the medium and long-term will be for up to five times that amount.”
Mr Benedetti said the organisers were being more stringent on visitors that they admit to Anpic, insisting that those who come through the doors are “quality buyers, not people who are just curious or coming for the weekend”.
Brazilian authorities exercise caution on shoe imports from Malaysia
Brazil’s federal government has announced action against a shoe exporter from Malaysia.
Anti-dumping measures against footwera imports into Brazil from China have been in place since 2010. The products in the anti-dumping measures include all kinds of shoe materials, such as cambrelle, microfiber, insole board, toe puff, PU leather, shoe linings, etc. The authorities in the South American country have become suspicious that some exporters are using a trick known as triangulation to get round this, by shipping shoes made in China indirectly to Brazil through a third country and claiming the footwear comes from there.
In the case of Malaysia, Brazil has already specified what manufacturers need to do in that country for it to consider them Malaysian-made.
The company at the centre of the controversy, Goodwill, has claimed that shoes it has exported to Brazil meet these criteria, but the Brazilian government has concluded the footwear really comes from China and has told Goodwill it must prove the shoes are made in Malaysia before any more pairs will be allowed entry.
Executive director of Brazilian footwear industry body Abicalçados, Heitor Klein, has said his organisation became suspicious about the increase in shoes coming into the country from Malaysia following the anti-dumping measures against imports from China. In 2010, when the measures came in, footwear imports from Malaysia to China increased in value to $20.3 million, from $1.2 million the year before.
Since investigations into triangulation began in 2011, the figure has fallen considerably. Mr Klein has said this shows the authorities in Brazil were right to be suspicious.
Anti-dumping measures against footwera imports into Brazil from China have been in place since 2010. The products in the anti-dumping measures include all kinds of shoe materials, such as cambrelle, microfiber, insole board, toe puff, PU leather, shoe linings, etc. The authorities in the South American country have become suspicious that some exporters are using a trick known as triangulation to get round this, by shipping shoes made in China indirectly to Brazil through a third country and claiming the footwear comes from there.
In the case of Malaysia, Brazil has already specified what manufacturers need to do in that country for it to consider them Malaysian-made.
The company at the centre of the controversy, Goodwill, has claimed that shoes it has exported to Brazil meet these criteria, but the Brazilian government has concluded the footwear really comes from China and has told Goodwill it must prove the shoes are made in Malaysia before any more pairs will be allowed entry.
Executive director of Brazilian footwear industry body Abicalçados, Heitor Klein, has said his organisation became suspicious about the increase in shoes coming into the country from Malaysia following the anti-dumping measures against imports from China. In 2010, when the measures came in, footwear imports from Malaysia to China increased in value to $20.3 million, from $1.2 million the year before.
Since investigations into triangulation began in 2011, the figure has fallen considerably. Mr Klein has said this shows the authorities in Brazil were right to be suspicious.
The national footwear Key Laboratory testing center has been located in Quanzhou
After nearly 10 years of construction and various efforts to fight the national footwear testing center (the national footwear detection Key Laboratory), the National Textile Testing Key Laboratory of three national key laboratory has settled in Quanzhou.
Settled in three laboratories, Quanzhou formed as a leader, State Key Laboratory of Regional Centre for Laboratory and comprehensive laboratory support, as "kind of multi-point access, internal distribution, unified management, quality and convenient" the main business characteristics, covering the the Quanzhou, Inspection and Quarantine of the entire territory of the laboratory network system, the Import and Export of Quanzhou deal with foreign technical barriers and improve product quality to provide a strong technical support.
Among them, the Department of National Center for footwear testing by the National Key Laboratory for verification and acceptance of the State General Administration of Quality Supervision, Inspection and Quarantine specifically engaged in the footwear product testing, technology research and development and technical services. The center has more than 180 pieces (sets) of various types of equipment with a total value of 17 million yuan, including the introduction of international advanced level 3D foot scanner, the sports biomechanics test system, the establishment of the first domestic footwear sports biomechanics applications laboratory. Detection area covers 32 product categories of sports shoes, casual shoes.
This testing centre will be very convenient for testing shoes and shoe materials, Shoe Fabrics, cambrelle, microfiber, insole board, toe puff, shoe linings, etc.
Settled in three laboratories, Quanzhou formed as a leader, State Key Laboratory of Regional Centre for Laboratory and comprehensive laboratory support, as "kind of multi-point access, internal distribution, unified management, quality and convenient" the main business characteristics, covering the the Quanzhou, Inspection and Quarantine of the entire territory of the laboratory network system, the Import and Export of Quanzhou deal with foreign technical barriers and improve product quality to provide a strong technical support.
Among them, the Department of National Center for footwear testing by the National Key Laboratory for verification and acceptance of the State General Administration of Quality Supervision, Inspection and Quarantine specifically engaged in the footwear product testing, technology research and development and technical services. The center has more than 180 pieces (sets) of various types of equipment with a total value of 17 million yuan, including the introduction of international advanced level 3D foot scanner, the sports biomechanics test system, the establishment of the first domestic footwear sports biomechanics applications laboratory. Detection area covers 32 product categories of sports shoes, casual shoes.
This testing centre will be very convenient for testing shoes and shoe materials, Shoe Fabrics, cambrelle, microfiber, insole board, toe puff, shoe linings, etc.
Sunday, November 11, 2012
Australia rawhide decline in demand tanners have lower prices
In Australia, since July, the slaughter of beef cattle in the eastern states gradually increase at the end of October reached 141,294 head - the highest production so far this year. Coincidentally, the data also happens to be the highest value in 12 months, after the last year is the week of October 28 slaughter (142,000 bulls).
Although the data is relatively high by recent standards, earlier this year and throughout 2011 slaughter rate has been low, broadly speaking, to rebuild herds and to retain heavy-duty female varieties, as well as facing a very good season want to increase the weight of steers held in conditions.
Statistics according to year-to-date basis, the State of Victoria in 2012-2013 so far has processed more than 30 million head, almost 5 percent increase over the same period last year. Seasonal prospects in most areas of eastern Australia will also push more and more cattle to the slaughterhouse - especially now rebuilding herds, many paddocks to accommodate the number of cattle more than two years ago.
Queensland last week's slaughter capacity of 74,607 head, remains unchanged from a week ago, but fell by 1 percent compared with this time last year. The proportion of cows (Queensland state of Australia the only metric record) less than 30%, and this year most of the time. New South Wales last week slaughter increased by two percentage points, up to 34,444 head; Tasmania, an increase of 3 percentage points, up to 3,985 head; South Australia fell by 1 percent, up to 8,047 head.
The weak demand for raw hides, leather makers are not interested in higher prices. Pricing has not changed in the past few weeks, the rawhide. In Queensland, the same as in the past, no lice area (TFA) 35/37 kg weight cowhide / public cowhide prices steady at $ 1.93 per kilogram. In New South Wales, 23/27 kilograms of public and leather / cowhide trading price of $ 2.20 per kilogram, in the state of Victoria, compared with $ 2.48 per kilogram.
News from Winiw Shoe Materials.
Although the data is relatively high by recent standards, earlier this year and throughout 2011 slaughter rate has been low, broadly speaking, to rebuild herds and to retain heavy-duty female varieties, as well as facing a very good season want to increase the weight of steers held in conditions.
Statistics according to year-to-date basis, the State of Victoria in 2012-2013 so far has processed more than 30 million head, almost 5 percent increase over the same period last year. Seasonal prospects in most areas of eastern Australia will also push more and more cattle to the slaughterhouse - especially now rebuilding herds, many paddocks to accommodate the number of cattle more than two years ago.
Queensland last week's slaughter capacity of 74,607 head, remains unchanged from a week ago, but fell by 1 percent compared with this time last year. The proportion of cows (Queensland state of Australia the only metric record) less than 30%, and this year most of the time. New South Wales last week slaughter increased by two percentage points, up to 34,444 head; Tasmania, an increase of 3 percentage points, up to 3,985 head; South Australia fell by 1 percent, up to 8,047 head.
The weak demand for raw hides, leather makers are not interested in higher prices. Pricing has not changed in the past few weeks, the rawhide. In Queensland, the same as in the past, no lice area (TFA) 35/37 kg weight cowhide / public cowhide prices steady at $ 1.93 per kilogram. In New South Wales, 23/27 kilograms of public and leather / cowhide trading price of $ 2.20 per kilogram, in the state of Victoria, compared with $ 2.48 per kilogram.
News from Winiw Shoe Materials.
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