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Nike revenues up by a quarter

Global athleisure brand Nike has announced revenues of US$13.3 billion for its second quarter ending November 30. The figure is a 17% increase (27% on a currency neutral basis) on the same period a year earlier.

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U.S. hide exports up in 2022 so far

U.S. hide exports worth US$217.7 million for the first two months of 2022 have been sold, according to the latest data from the Leather and Hide Council of America (LHCA).

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Pakistan leather footwear exports grow in volume but not value

With two months remaining of the fiscal year, Pakistan had exported 14.24 million pairs of shoes, resulting in an export revenue of US$107.35 million. This was an increase of 18.9% in volume and a decline of 1% in value. Exports of tanned leather also fell year-on-year.

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China’s President Xi vows to import more

Speaking during a video appearance at the China International Import Expo in Shanghai on November 4, Xi Jinping said the country would import over US$22 trillion worth of goods in the next ten years.

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Brazilian footwear exports decline 66% in May

The collateral effects of the Covid-19 pandemic continue to impact the Brazilian footwear sector, with international shipments in May down 64.7% in volume and 66% in value compared with the same month in 2019.

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