Rieker
Shoe production growth in May - 17,5%
17.06.2016 3917

Shoe production growth in May - 17,5%

According to the results of last month, in annual terms all the main segments of industrial production in Russia showed growth. According to Rosstat, shoe production in May increased by 17,5% compared to last year. Experts of the BCS Financial Group forecast further production growth this year.

According to the experts of FG "BCS", signs of stabilization of the trend in industrial production in Russia have been observed for several months in a row. In April, the annual dynamics in this sector turned positive for the first time since the beginning of 2015, and the data for May confirmed this trend. However, we note that the positive dynamics was largely due to the base effect: in April-August 2015, industrial production in annual terms looked especially weak. We expect the positive dynamics to continue and strengthen in the absence of significant pressure on the Russian economy in the coming months (oil prices, the issue of UK membership in the EU, geopolitics, China). For five months of 2016, the volume of industrial production increased by an average of 0.1% yoy; we forecast 0.4% y / y growth in 2016 

At the end of last month, all major segments of industrial production in Russia showed growth in annual terms. According to Rosstat, the volume of footwear production in May increased by 17,5% on ...
3.35
5
1
2
Rating

Latest News

Stores of Turkish brands will open instead of Mark & ​​Spencer and Gap in Russia

Stores of Turkish fashion brands Network, Beymen, Mudo will open at Mark & ​​Spencer and Gap squares, which are shutting down business in Russia, the telegram channel reports…
07.12.2022 274

Thomas Munz will add clothes to the assortment

The Russian shoe retailer Thomas Munz has taken on the development of a new retail format Thomas Munz Store, where, in addition to shoes and accessories of its own and other international brands, clothes under its own trademarks will also be presented ...
07.12.2022 274

H&M closed all stores in Russia

The Swedish chain H&M has finally curtailed its work in Russia. 172 shops were closed. New stores of Melon Fashion Group (Zarina, befree, Love Republic), Lime, Snow Queen, Turkish…
06.12.2022 325

Portugal will direct 600 million euros to the development of the footwear industry in the next 8 years

The Portuguese Association of Manufacturers of Footwear, Components and Leather Goods (APICCAPS) has presented a new Strategic Plan for the development of the footwear sector until 2030, writes…
06.12.2022 319

MICAM organized a promotional tour in December

The Italian International Footwear Fair MICAM will hold three teaser events in Berlin, Seoul and Brussels in December to anticipate the upcoming event scheduled for February 2023.
05.12.2022 310
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning