FOOTWEAR

The mainland’s footwear market increasing steadily. The total value of mainland footwear sales in 2019 was RMB435.2 billion, a 5.8% year-on-year increase. Of this, the sales of men’s shoes delivered RMB165.4 billion in revenue, accounting for 38% of the total, while sales of women’s footwear brought in a further RMB206.7 billion (47%). Sales of children’s shoes accounted for RMB63.0 billion (14%). It is estimated that by 2024 the mainland footwear market will be worth around RMB563.2 billion. More

Havaianas, the 58-year-old footwear maker, which took flip-flops global, opened its first Hong Kong office in May last year. Now, after building up a worldwide reputation, which sees 240 million pairs of Havaianas sold in more than 100 countries each year, the Brazilian brand – owned by the Sao-Paulo-based footwear company, Alpargatas – is putting its best foot forward in a bid to make its rubber flip-flops a must-have lifestyle accessory throughout the Greater Bay Area. More

The Mexican government recently amended the minimum estimated prices in place on a range of textile, apparel and footwear products. In addition, two textile tariff lines have been added to the list of products subject to estimated prices. More

The Colombian government has extended for a period of one year from 17 December its current duty regime for imports of footwear. More