Connect with us

Fashion

Portuguese footwear exports rose 5.4% in volume and 3.7% in value in H1 2024.

Published

on

Portuguese footwear exports rose 5.4% in volume and 3.7% in value in H1 2024.


By

Agência LUSA

Translated by

Nazia BIBI KEENOO

Published



August 25, 2025

In the first half of 2024, Portugal’s footwear industry exported over 36 million pairs of shoes valued at €843 million, marking a year-on-year growth of 5.4% in volume and 3.7% in value, according to APICCAPS, the Portuguese Footwear, Components, Leather Goods and Related Products Industry Association.

Portuguese footwear exports rose 5.4% in volume and 3.7% in value in H1 2024. – Fotografia: APICCAPS

“This has been a very demanding year for the footwear industry globally,” said Luís Onofre, president of APICCAPS, in a statement. “But the Portuguese industry has been gaining market share against major international players.”

With over 90% of production exported to 170 countries, Portuguese footwear has shown resilience despite global challenges. “This diversified export base enables us to maintain a positive overall performance,” said Onofre.

Still, APICCAPS warns that the sector’s success will depend heavily on how global economies perform in the second half of the year, which will be crucial to consolidating 2024 as a year of progress for Portuguese footwear abroad.

After a difficult start to the year marked by uncertainty and double-digit export declines, sales to the U.S. market have begun recovering. Exports to the United States totaled €40 million in the first half—down 6.4% year-on-year.

Onofre emphasized the strategic importance of the U.S. market: “Given a more favorable tariff environment—where Brazil is penalized by 50%, China by 30%, India by 50%, and Mexico by 25%—this could be the opportunity for Portugal to strengthen its position in a market where demand for premium, sustainable and heritage products is growing.”

With more than €100 million in investments underway through the national Recovery and Resilience Plan (PRR), focused on automation, robotics, and sustainability, Onofre believes Portugal is positioned to offer a credible alternative to unsustainable mass production.

According to APICCAPS data, global competitors are faltering. China, which produces around 55% of the world’s footwear, saw its exports fall by 12.5% in the first half of the year. Mexico and Turkey, identified as “benchmark producers,” recorded export declines of 19.3% and 15.3%, respectively.

European competitors also saw declines: Italy’s footwear exports fell 2.6%, while Spain’s dropped 2%. In contrast, Germany strengthened its role as the top buyer of Portuguese footwear, increasing imports by 13.1% to €217 million. France remained stable, with a modest 1.4% increase to €167 million.

However, there are concerns regarding the Netherlands, where sales fell 5.3% to €94 million.

This article is an automatic translation.
Click here to read the original article.



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Fashion

ITA to continue till Advanced Framework Agreement ratified: EU, Chile

Published

on

ITA to continue till Advanced Framework Agreement ratified: EU, Chile



The European Union (EU) and Chile are committed to deepening their trade and investment relations under the Interim Trade Agreement (ITA), which came into force on February 1 and will remain in force until the new Advanced Framework Agreement has been fully ratified.

A review of the trade and sustainable development provisions of the ITA is under way.

EU high representative for foreign affairs and security policy Kaja Kallas recently met Chilean Minister of Foreign Affairs Alberto van Klaveren. Both co-chaired the first EU-Chile Joint Council under the Advanced Framework Agreement in Brussels.

The EU and Chile are committed to deepening their trade and investment relations under the Interim Trade Agreement, which came into force on February 1 and will remain in force until the new Advanced Framework Agreement has been fully ratified.
Both sides will continue to cooperate on ensuring reliable and sustainable supply chains, including through diversification and support to strategic investments.

The first EU-Chile Trade Council meeting was held under the new ITA, according to an EU release.

The EU is Chile’s third-largest trade partner and the top source of foreign direct investment (FDI).

Both sides will continue to cooperate on ensuring reliable and sustainable supply chains, including through diversification and support to strategic investments, a joint statement issued said.

Chile welcomed the interest of the EU in establishing a dialogue with the member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Both parties affirm their ambition to translate this dialogue into a shared agenda.

Both sides remain committed to ensuring the effective implementation of the Advanced Framework Agreement, and to achieving its full ratification.

The provisional application of the EU-Chile Advanced Framework Agreement began on June 1, 2025.

Fibre2Fashion News Desk (DS)



Source link

Continue Reading

Fashion

Chanel debuts A$AP Rocky as ambassador, with Margaret Qualley teaser video

Published

on

Chanel debuts A$AP Rocky as ambassador, with Margaret Qualley teaser video


Published



November 30, 2025

Chanel has appointed A$AP Rocky as a new brand ambassador and debuted his tenure with a teaser video shot in New York co-starring Margaret Qualley.

Courtesy

The video appeared Sunday just 48 hours before Chanel’s couturier Michel Blazy will stage his debut collection of Métiers d’Art also in New York. It’s a unique line first created by Karl Lagerfeld that highlights the unique stable of artisans Chanel has assembled in such skills as embroidery, pleating, glove-making and costume jewelry.
 
Directed by Michel Gondry, the 2.49-minute short opens with the stars waking up in the bed of a walkup apartment in Williamsburg. Where, after a quick peck on her lover’s forehead, Qualley disappears into a tiny bathroom, before magically changing out of her blue nightie and reappearing in a red, white and blue houndstooth Chanel jacket, paired with pale blue pants, her hair in a chignon.

https://www.youtube.com/watch?v=live

Chanel

No sooner than she has disappeared, than A$AP leaps out of bed and descends the tenement building’s outside steel stairs and sets off on a mad dash after Qualley. This leads to him swimming under the Brooklyn Bridge, and running north through the Lower East Side, before finally catching up with Qualley at Astor Place station. All the action backed up my moody ambient music courtesy of Le Motel.
 
In between, the rapper and husband of Rihanna, manages to find time to stop in two discount stores to acquire pants and a blazer. Arriving just in time, to genuflect onto one knee, and hold out a small white Chanel box, containing one assumes a diamond engagement ring, at the station entrance. The sight of which leads the actress to leap into the air in paroxysm of joy, before the happy couple march arm and arm back into the subway.
 
And off one assumes to attend the Métiers d’Art show, which will be revealed on Tuesday, 8 p.m. NYC time.
 

Copyright © 2025 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Fashion

Canada’s Lululemon revamps commercial strategy with new global leader

Published

on

Canada’s Lululemon revamps commercial strategy with new global leader



lululemon athletica inc. (NASDAQ:LULU) announced that Celeste Burgoyne, President of the Americas and Global Guest Innovation, has decided to leave the company for a new opportunity outside of the industry. She will remain with lululemon until the end of December 2025 to ensure a smooth transition.

Ms. Burgoyne joined lululemon in 2006 and became the company’s first President in 2020. Throughout her tenure, she has assumed roles of increasing responsibility and led the North America business through periods of rapid growth and expansion.

Lululemon Athletica has announced that Celeste Burgoyne, president of the Americas and global guest innovation, will leave at the end of December 2025 after 19 years with the brand.
The company will consolidate regional leadership and has appointed André Maestrini as president and chief commercial officer, giving him global oversight of stores, regions, digital channels and commercial strategy.

“We are grateful for Celeste’s leadership and significant contributions to lululemon’s business and culture over the past 19 years. She has been instrumental in growing our footprint in the Americas, creating high-quality guest experiences, and mentoring our teams across the organization,” said Calvin McDonald, Chief Executive Officer, lululemon. “I deeply appreciate her partnership and friendship, and we wish her all the best in the future.”

“My time at lululemon has been both inspiring and rewarding beyond belief,” said Ms. Burgoyne. “I am so proud of what we have accomplished as an organization since I joined in 2006 and know the team will take the company to even greater heights in the years to come. I look forward to continuing to support the brand as a lifelong fan.”

In conjunction with this announcement, lululemon has made the decision to consolidate regional leadership across the company and appoint André Maestrini as President and Chief Commercial Officer, effective immediately. Mr. Maestrini will continue to report directly to Mr. McDonald.

In this newly created role, Mr. Maestrini will provide integrated oversight of all of lululemon’s regions, stores, and digital channels globally. He will also oversee lululemon’s global commercial strategy with a focus on continued market expansion, revenue generation, and accelerating best practice sharing, across all regions including North America.

Mr. Maestrini joined lululemon in 2021 as Executive Vice President of International. In his current role, he has overseen lululemon’s operations in EMEA, APAC, and China Mainland, and has helped to more than quadruple lululemon’s international revenues.

“André has demonstrated a proven ability to unlock opportunities, advance our global expansion, and deliver growth across multiple markets,” said Mr. McDonald. “Leveraging operational discipline, deep guest insights, and extensive brand-building experience, André is the ideal person to lead our business across all markets, including North America, as we remain focused on delivering value for our guests, employees, and shareholders.”

Before joining lululemon, Mr. Maestrini spent 14 years at adidas in various senior roles across the globe. During this time, he served in a number of General Manager positions where he helped grow the company’s global sports categories and regional markets. Prior to adidas, Mr. Maestrini held marketing roles at The Coca-Cola Company, Danone, and Kraft Jacobs Suchard.

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

Fibre2Fashion News Desk (RM)



Source link

Continue Reading

Trending