Business News March 2017

TFL publishes every month business news with focus on the leather industry, on a worldwide basis.

CPD dates 2018 fixed

Fashion net Dusseldorf has fixed the dates for the CPD 2018. Thus, the Dusseldorf Fashion Trade Show will take place from 27th to 29th January 2018 and from 21st to 23rd July 2018.

Brazilian shoe exports on the rise

Thanks to favourable exchange rates and a year-end spurt, the Brazilian shoe industry has exported more shoes in 2016 than in previous year. In total, 126.17 million pairs of shoes (+1.7%) worth 999 million US Dollars (+4%) have been exported. Most important markets for Brazilian shoes were the US (13.24 million pairs, 22.136 million Dollars), Argentina (89.48 pairs; 111.6 million Dollars) and France (9 million pairs, 56 million Dollars). The major part of imported shoes came from the Asiatic countries Vietnam (10.4 million pairs; 190 million Dollars), Indonesia 84.0 million pairs; 73.2. million Dollars) and China (5.8 million pairs; 35.85 million Dollars).

Vietnamese shoe exports rising

In 2016, Vietnamese shoe exports rose by 8.3 percent to 13 billion US Dollars. Thus, according to the shoe manufacturers association Lefaso, shoes are the fourth most important export item of the Asian country. With a turnover of 4.48 billion Dollars the US remain the most important buyer of Vietnamese shoes. Second biggest market is China importing shoes from Vietnam worth 905 million Dollars. 31.9 percent of Vietnamese shoes were exported to the countries of the European Union. Vietnam mainly exported textile shoes. Almost every other shoe (46.7%) was made of textile upper. Leather shoes achieved a share of a third (33.3%).

Puma on the rise

“We are doing well”, chief executive Björn Gulden gladly announced when presenting the balance for 2016. The Norwegian, heading the sports goods group since 2013, did not only announce a growth in turnover for all regions and product segments but also a clear increase in EBIT and group profit. Turnovers improved during the fiscal year 2016 by a tenth (10.2%) after adjustment for currency effects and rose to 3.627 billion Euros (+7.1 % in the report currency Euro). Major driver of the growth was the shoe segment with a plus in turnover of 12.6 percent to 1.627 billion Euros. This development was based upon a strong demand for running, sport style and fundamentals products. Operational profit rose by a third to almost 128 million Euros.

Skechers again achieves record figures

US manufacturer Skechers has again closed with a record turnover in 2016. Turnovers rose by 13.2 percent to 3.56 billion Dollars. Operational profit rose by 5.6 percent to 370.5 million Dollars. The strongest growth came from foreign markets, CEO Robert Greenberg said. Skechers grew strongly mainly in China. Every fourth of the 2012 Skechers shops worldwide – company owned and managed by partners – is located in China.

Shoe branch sees GDS off

The final GDS took place in the premises of the fair Dusseldorf from 7th to 9th February. It was the 123rd edition of the traditional event. And since Tuesday noon it is certain: The GDS will not only change its organiser and location but also its name. The Igedo Company will present its shoe fair in the Böhler area under the name Gallery Shoes. During the last GDS 500 brands presented their new collections. Main focus for the coming autumn/winter were robust laced and biker boots. If the weather allows, however, also futuristic sneakers will characterise the street scene – either clean in white or with imprints, a further trend topic offered by a lot of manufacturers. The first Gallery Shoes will take place from 27th to 29th August 2017.

theMicam: more visitors, less exhibitors

From 12th to 15th January, the shoe fair theMicam attracted 44,610 visitors and thus five percent more than in previous year. Almost 60 percent of the buyers came from abroad. The number of visitors from Germany rose by 10 percent according to organiser’s information. 1,405 exhibitors, 795 of which came from Italy, showed their collections for autumn/winter 2017/18. Albeit, exhibitor numbers were declining.