Bags / Shoes & Accessories

Lusa News Agency recently reported that the Portuguese government called for the establishment of a consortium in the fields of textiles and apparel, footwear and natural resins to find new materials and manufacturing processes, and to find production mechanisms that are less harmful to the environment. This content is one of the goals of the European Economic Recovery and Resilience Plan. It will invest 129 million euros in innovation and sustainable production, of which 71 million euros will be used for textiles and clothing, 41 million euros for footwear, and 17.5 million for natural resins.

Fernández, Minister of Environment and Climate Action of Portugal, said, “We are convinced that Europe must reinvigorate industrialization, and the epidemic has proved the need to use our existing resources to establish a short supply chain.”

At the same time, the Portuguese Footwear Association (APICCAPS) conducted a survey of 99 domestic shoe companies in the first week of May.

According to the latest business situation survey results of the Portuguese Footwear Association (APICCAPS). Among the companies surveyed, most companies indicated that the current order volume is sufficient (86%) and will continue until the end of the month. Some companies have hot orders, and the orders for the next three months are already full.

In contrast, nearly half of the companies have a good momentum of development. The current production level is higher than that of the same period last year, accounting for about 17%, and the level of the previous year is not much different accounting for about 29%.

Only 2% of companies remain closed with government support.

According to statistics, in the next six months, about 81% of shoe companies do not plan to suspend production. At the same time, about 82% of shoe companies believe that there is no need to adjust the number of workers.

At present, the number of orders is still the focus of Portuguese shoe companies, and secondly, they are also worried about the shortage of raw materials.

APICCAPS President Luís Onofre emphasized: “All the analysis is still too early, because it is difficult to predict the evolution of the global new crown epidemic and the progress of vaccination.

However, all signs indicate that the Portuguese shoe industry has overcome the difficulties and is confident of resuming growth.” Mr. Onofre further stated, “The important thing now is to consolidate the existing achievements, be optimistic about the business situation, and continue to promote the market recovery.”