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Li Ning FY 10 SSS up 3.9% year on year

Sportswear maker Li Ning expects same-store sales (SSS) for the fourth quarter of 2010 grew roughly 3.6% y-o-y, while full year SSS growth came to 3.9% y-o-y, the company announced in a strategy outline published on January 17. Full year 2010 revenue growth is expected to be line ...

Calm responding to the end of EU shoe anti-dumping duty

Sinolink Securities Co., Ltd. analyst Zhang Bin told the PHOENIX reporter that the ending of EU shoe anti-dumping duty could be a piece of good news but hard to say no more other measures will be taken to restrict the shoe imports. The European Confederation of the Footwear ...

China destroys fake goods to protect intellectual property rights

More than 8,000 fake goods were destroyed Tuesday in central China's Hunan Province, as part of Chinese efforts to protect intellectual property rights (IPR). Supervised by Changsha customs official, trucks rolled over a huge pile of counterfeit electronic devices in the city, ...

Xingye Leather achieved remarkable performance in 2010

Nowadays the year-end banquet was held in Xingye Leather Co. to celebrate the achievements in 2010, the president of Xingye Leather Wu Huachun made an opening remark on the banquet, he expressed thanks and appreciation to the contributions made by all the staff in the past year, ...

Shanghai Warrior Sneaker to open 60 flagship stores in China

Established 84 years ago Shanghai Warrior Sneaker Co. began to launch high price sneaker with the first flagship store opening in Shanghai Daning International Plaza, and plans to open 60 such stores in national first tier cities. As an earliest of Chinese sports shoe brand ...

Vietnam: Adjusting imports to ease reliance on China

It s necessary to adjust the structure of imports from China in order to ease the trade deficit and march towards balancing trade with Vietnam s largest trading partner, according to Bui Huy Son, Director of the Trade Policies for Asia Pacific under the Ministry of Industry and ...

New leather industrial standards to take into effect

359 new industrial standards approved by Ministry of Industry and Information Technology will take into effect on April 1, 2011, which will be published by China Light Industry Press. 20 items of standard are related to leather industry, 4 of them are the shoemaking standards ...

Shoemakers take seniority pay to deal with labor shortage

Length of service bonuses will be give to any employees who work in the companies over one year, this is a measure taken by many shoemakers in Wenzhou city right now. Zhao Shaozhong, the president of Mingdian Footwear Group said yesterday morning we will distribute 2.2542 million ...

Export base for Bags unveiled in Quanzhou city

The establishment inauguration ceremony of Bags Export Base took place on January 20 in Quanzhou city, Li Wenfeng, vice president of China Light Industry Arts & Crafts Import and Export Chamber of Commerce made a remark during the ceremony, and other city s leader Lin Boqian ...

Argentina: Slaughter and livestock numbers in decline

AAQTIC, the Argentine Leather Industry Chemists and Technicians Association, have published a new report on the current situation of slaughter and livestock numbers in Argentina on their website. The report is available in both English and Spanish. According to a press release ...

Shoe exports turn to slowdown in Guangdong province

Shoe exports in Q4 2010 show a consecutive decline compared with previous quarter, the trend in other labor intensive sectors is as same as shoe exports. In the first ten months shoe exports in Guangdong reported a growth of 24.4% that is less than average growth rate in ...

India: Leather industry aims to double export volume this year

Chennai, Jan 30 (PTI) The leather industry has set an "ambitious" export target of USD 8.25 billion in the next 2-3 years -- more than double the sales recorded last year. The exports of leather and leather products have touched USD 3.40 billion in 2009-10. "We have set an ...

Fujian sets pollutant cutting target for leather sector

The reducing emission plan in leather sector for 2011-2015 is issued nowadays in Fujian province, which is the most severe measure to cut emission in leather sector. According to the plan the industry should cut Chemical Oxygen Demand (COD) by 40%, Ammonia nitrogen and nitrogen ...

More Taiwanese shoemakers invested in Shishi city

There were 57 new Taiwanese enterprises established in Shishi city during the previous year, adding the total numbers of Taiwan funded enterprises to 270 for the city. Business invested by Taiwanese covers the areas of apparel and textile, shoemaking, sole and shoemaking ...

Hebei allocates fund to eliminate outdated leather making capacity

Last year Hebei provincial government launched the campaign to eliminate the backward production capacity and allocated 90 million yuan fund for settlement of laid-off workers, 163 enterprises have totally closed down due to backward facilities, the office of Industry and ...

Guangxi sees significantly decline in exports of footwear and bags

According to a report released today on the website of ministry of commerce, Guangxi province, southwest of china, witnessed a significantly decline in exports of footwear and bags for 2010, the exports for luggage and bags were down 47% to US$140 million, and footwear shrank 47% ...

Peak s pre-orders climb 23.6% for Q3 in 2011

Sportswear manufacturer and retailer Peak Sport Products recorded 23.6% y-o-y growth in the value of pre-orders for the third quarter of 2011, Aastocks.com.cn reported on January 24. Orders for the company's footwear and apparel products increased 31.3% and 18.5% y-o-y, ...

Coach Plans 25 New China Stores in 2011

US-based leather goods manufacturer and distributor Coach Inc plans to open 25 new stores in China in fiscal 2011, reported Beijing News on January 28. The company recorded revenues of over $100 million and opened three new stores in China in 2010. To date, the company has 52 ...

Happy lunar new year

Our office will be closed from January 31 to February 10, 2011 for celebrating the Lunar New Year, services in our website will be temporarily suspended during the holiday, and to continue on the date of February 10. Best wishes for everyone. China leather industry association ...

New tariff proposals in Brazil could help leather

Footwear and leather could be among the industries to benefit from an increase in import tariffs that Brazil s new president, Dilma Rousseff, is considering, according to reports. A manufacturing industries federation leader in S o Paulo, Paulo Skaf, told reporters after a recent ...
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