Abicalçados says Brazil’s footwear figures for 2017 “could have been worse”
18/04/2018
Abicalçados executive-president, Heitor Klein, said Brazil’s growth figures were disappointing because the most recent global figures show and increase in production of 4%, reaching 21.4 billion, and an increase in consumption of 3%, reaching 19.6 billion, in 2017, compared to the previous year.
Mr Klein said a good performance by Brazilian shoe brands in export markets prevented the 2017 result from being “even worse”. They exported 127.1 million pairs and brought in revenues of almost $1.1 billion, increases in volume of 1.2% and in value of 9.3%.
He also lamented a decline in levels of employment in the Brazilian shoe industry in 2017. At the end of last year, the industry had 279,000 employees, 2.2% down on the figure for 2016.
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