Converting production activities to adapt new situation Regarding this issue, Ms. Phan Thi Thanh Xuan, an expert from the project on promoting reform and enhancing connectivity of small and medium-sized enterprises funded by the US Agency for International Development, said that the leather and footwear industry had been negatively affected last year since the outbreak of the pandemic. At that time, most enterprises merely had enough materials for production until the first week of March. From March onwards, the pandemic spread from Italy to all countries in Europe and the US, shutting down this market. Almost all stores from Europe to the US were closed, and sales fell freely. Another problem is that prolonged pandemic has changed the trends, as well as the habits of consumers in the market. More than 60 percent of consumers have cut down expenses on fashion products. About 65 percent of consumers have switched from fast fashion to basic and durable fashion products, and 67 percent … [Read more...] about Footwear industry needs to resolve difficulties to make breakthrough
Lefaso
Local leather-footwear firms see more opportunities in supply chains
At a workshop, “Policy, regulatory and administrative reform to boost development of Vietnam leather, footwear and handbag sectors”, held by LEFASO and the U.S. Agency for International Development (USAID) on January 12, director of USAID in Vietnam Ann Marie Yastishock said the leather and footwear sector had been seriously affected by Covid-19. Enterprises in the sector will continue facing more challenges in the future. … [Read more...] about Local leather-footwear firms see more opportunities in supply chains
