Bangladeshi shoe manufacturers hopeful of rebound
Exports of shoes from Bangladesh between July-October reached $229 million, 9% more than in the same period last year, according to the country’s Export Promotion Bureau (EPB).
Omar Faruque, company secretary of leather footwear exporter Apex Footwear, told local paper The Daily Star that orders from the US and Japan had increased, and this trend is likely to continue.
The paper claimed some brands are shifting manufacturing from China due to rising production costs there.
Nasir Khan, managing director of manufacturer Jennys Shoes, added: "We are hopeful that the rising trend in leather footwear exports will continue if the interim government cooperates and removes export issues like unnecessary licensing and certification each year.”