2017/10/26

Business News November 2017

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

Portugal’s shoe exports rise

In the first half-year, Portugal’s shoe exports have risen by 6.4 percent to 960 million Euros. In total 43 million pairs of shoes (+7%) have been exported. If this trend were to continue, it would be the eighth year consecutive in which the Portuguese shoe industry was able to increase its shoe exports. Most important buyers were the EU countries. Exports to France (+4% / 202 million Euros), Germany (+8%, 181 million –Euros) and the Netherlands (+6% / 136 million Euros) showed a significant increase. Exports to numerous countries outside the EU like the US, Canada, Russia, Japan and Angola rose as well.

Momad announces slight plus in visitors

On 24th September the Spanish shoe fair Momad Shoes closed after three days with a plus of five percent. In total 5,097 buyers attended the event in Madrid. Almost every tenth visitor came from abroad, most of them from the neighbouring country Portugal. 220 exhibitors presented roughly 400 brands on a net area of 8,400 square metres. During the fair, the organisation committee announced the dates for 2018. In spring Momad Shoes will take place from 2nd to 4th March and in autumn from 7th to 9th September. In September the fair will take place simultaneously to the fashion fair Momad Metropolis.

Sympatex cooperates with Diadora

As of now, the Italian shoe brand Diadora cooperates with the functional specialist Sympatex. The cooperation with the Italian shoe brand will start by launching a new model line in the occupational safety and safety shoes sector.

Positive results of the Munich shoe fairs

On 8th October, the 49th edition of the Moda Made in Italy hosted in the Munich MOC closed on previous year’s level. During the three fair days 1,600 visitors were counted which are almost as many during the October 2016 edition. “We registered a strong presence of buyers, business chains and retailers”, Giovanna Ceolini, representative president of the Italian shoe manufacturer’s association Assocalzaturifici, explained. The fair Essenz that took place simultaneously in the Zenith hall announced slightly increased visitor numbers without mentioning definite figures. Visitors from Switzerland increased mainly. 330 labels fully booked the exhibition areas. According to the organisers this has been the strongest Essenz concerning area and offer. The next edition of both fairs will expectedly take place from 25th to 27th March 2018.

Good atmosphere at theMicam

From 17th to 20th September, roughly 1,400 exhibitors showed their new spring / summer 2018 collections at the Milan shoe fair theMicam. The fair has again confirmed its internationality with 47,187 visitors and 5.6 percent more than in previous year, 27,880 of which from abroad. Milan also experienced a four percent increase in German dealers. Whoever is looking for the famous “cherry on the cake” for their range, does not want to miss the fair was the unanimous opinion during the fair. In total 1,441 exhibitors presented their collections at theMicam.

Puma increases forecasts

Sports goods manufacturer Puma SE has achieved a higher turnover than expected in the third quarter and is thus increasing its forecast for the entire year. The turnover for the third quarter after adjustment for currency effects increased by roughly 17 percent (+13% in Euros) to 1.22 billion Euros. The operative result (EBIT) in the third quarter 2017 rose to 101 million Euros compared to 60 million Euros in previous year.