Steady decline for Australia’s leathergoods industry
24/06/2014
Its 519 businesses bring in an annual A$542 million, and employ about 2,370, it said.
It attributed the decline to falling consumer spending, leading to lower demand from footwear and clothing manufacturers. Companies have also been affected the strength of the Australian dollar.
Packers and skin traders export the majority of Australia's animal hides and skins to China, while a large number of finished leather products such as belts, wallets and handbags are also imported from the Asian country.
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