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Quanzhou Shoemakers See 10% Rise in Business Orders
September 20, 2014
In a recent press release, the China Leather Industry Association (CLIA) stated that during the first half of the year, many manufacturers in the Quanzhou region saw an increase in their orders
The CLIA’s announcement is backed by a municipal report from Quanzhou which claims that the output value and volume in the footwear and apparel industry in the region has recorded double digit growth. This increase is cited as a trend which “has been consecutive for several months”.
The press release, which lists well-known Chinese companies, also states: “The sales revenue in the first half reported a 28.3% rising in Anta Group, (while) big groups of 361 Degrees, Qiaodan and others saw a growth of above 10%. A group of shoemakers has accessed the global footwear brands supply chain and has started to make shoes for the world brands.”
This rise in performance has been attributed to the promotion of a “creation strategy by local government”. A total of 52.25 billion yuan was spent on technical innovation in 2013, with an additional 38.49 billion yuan invested in the first seven months of 2014, representing a 32.3% rise in spending from the previous year.
A few days ago, CLIA announced that overall sales of shoes in China in the first half of 2014 increased in value by 9.6% year on year, reaching more than 50 billion US dollars.
It was reported that exports of shoes during the six-month period had a volume of 5.3 billion pairs, an increase of approximately 0.2%, with its value increasing by 12.2% year on year, reaching a value of 24.5 billion US dollars. CLIA confirmed that out of these totals, 438 million pairs had leather uppers, with a value of 5.9 billion US dollars (up by 15% in volume and 19% in value).
Despite this upturn in footwear exports, the Chinese leather industry has seen slow growth over the first half of the year. This is believed to be due, mainly, to “sluggish recovery of the global economy and political turmoil, as well as the increase in environmental protection”. The slower growth in production is said to be accompanied by a decline in exports, and growth in imports (up by 6.2% reaching a value of 4.45 billion US dollars).
CLIA President, Mr. Su Chaoying stated that the leather industry in China has reached a period of adjustment, and that such a period is expected to take one or two years, with many small scale tanneries facing closure if they fail to reach the new environmental regulation standards. Mr. Su went on to say that the leather industry in China “made a huge contribution and played an important role in the early development of the national economy, but nowadays the industry is challenged by environmental protection, and weak demand in the internal market and strong competition in international market”.