Brazil Shoe Manufacturers Association Predicts Who Will Retire Or Shoes.

The Brazil Footwear Manufacturers Association (Abicalcados) predicts that in 2014, the footwear industry in Brazil may have overall declined due to a number of uncertainties.

Recently, Brazil's geographic and statistical research said that a data released showed that the production volume of the footwear industry in Brazil dropped 4.7% from January 2014 to October.

It shrank by 0.9%.

"The first half of 2014

The footwear industry is fairly stable, but in the second half of the year it is really bad. "

Heitor Klein, executive director of the association, commented that the demand for footwear in Brazil's domestic market has declined sharply, and imports of footwear industry in Brazil dropped 3.1% from January 2014 to November.

2014 Brazil

Employment fell to below 20000 people, Heitor added. In 2015, the footwear industry in Brazil will enter the necessary adjustment stage, and the number of employment in 2016 is expected to increase again.

The footwear manufacturers association of Brazil also predicted the export situation of Brazil footwear industry in 2014.

"Argentina is the second largest export market for footwear industry in Brazil, but there are many problems, such as currency turbulence, political and economic instability, and so on."

Heitor said.

It is reported that in 2013, Brazil was the third largest shoe manufacturer in the world, mainly to meet the huge demand in the domestic market.

It is estimated that in 2013, the footwear industry in Brazil consumed fourth of the world's total consumption.

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The European Sporting Goods Federation (FESI) welcomes the European Parliament's approval of Philippines products' tax-free access to the EU market.

In the middle of December 2014, members of the European Union voted through the European Commission's recommendations to include Philippines in the EU's GSP generalized preferential tariff system.

Prior to this vote, Philippines has benefited from the standard generalized preferential tariff scheme, which gives preferential treatment to exporters in developing countries to reduce or exempt tariffs from entering the EU market.

And GSP+, which means a further removal of the total export tariffs of up to 6274 items, is a major blessing for Philippines's economy, FESI said.

Whether or not to grant GSP+ preferential treatment to a country depends on whether the country adheres to international conventions, attaches importance to human rights and labor rights, the environment and good governance.

"The European Parliament today took the right step to extend the GSP+ concession to Philippines, which will create thousands of job opportunities for the country and help it move towards the path of economic growth and development, while consolidating its commitment to the international community.

The enhanced trade relations will also promote the European sporting goods industry to obtain high-quality procurement options, enhance the competitiveness of our industry, reduce production costs, in line with the interests of European consumers.

FESI Secretary General Alberto Bichi said after the vote of the European Parliament.