News

Source tax for exporters may be slashed again

The National Board of Revenue is likely to cut the source tax on total export proceeds of exporters further in the face of demand from industries, particularly from apparel manufacturers. The tax at source may...

American footwear industry applauds trade war ceasefire

“The footwear industry welcomes the news that the US will not pursue any new tariffs on Chinese goods while the two countries seek a negotiated outcome to this protracted trade war”, stated Matt Priest, President...

Five member companies of LFMEAB achieved National Export Trophy

Five member companies of LFMEAB: Bay Footwear Ltd., Akij Footwear Ltd., F.B. Footwear Ltd., Picard Bangladesh Limited, and Leatherex Footwear Industries Limited has achieved National Export Trophy for the year 2015-2016. Among them Picard Bangladesh...

Bangladesh Sourcing Threatened as Accord Efforts Wrap Amid Lingering Factory Issues

The safety of sourcing in Bangladesh may be at risk without a fully-functioning regulatory body in place to monitor the condition of factories there. The Accord on Fire and Building Safety in Bangladesh, which has...

The Latest Version (November-2018) of Shoe Intelligence arrived at KRC, LFMEAB

Some highlights of the latest version: 1. Strategic partnership between CCC and the Hamm-Reno Group 2. Vivarte sells its remaining shoe retail chains 3. The casual footwear market speeds up 4. Clarks performs well only...

Honorable PM Sheikh Hasina Inaugurated BLLISS-2018

Prime Minister Sheikh Hasina said on Thursday the government will set up two more leather industrial parks in Chattogram and Rajshahi for unlocking the huge potential of the country's leather sector if her party is...

Concurrent show of "BLLISS-2018" Leathertech Bangladesh 2018 to kick off on Thursday 22nd November

According to the press release, Commerce Minister Tofail Ahmed is expected to inaugurate the event, which is a concurrent show of Bangladesh Leatherfootwear & Leathergoods International Sourcing Show (BLLISS)-2018. With an aim to bring global...

The Countdown Begins: 3 Days long "Bangladesh Leather Footwear and Leather Goods International Sourcing Show (BLLISS) 2018" is about to start

A three-day expo on leather goods and leather footwear will begin at International Convention City Bashundhara (ICCB) in the city on next Thursday, aiming to give an impetus to the country's economy. The second edition...

Admission going on "Graduate Diploma in Leather and Footwear Management"

Course Features: 1. No course fee required 2. Duration: 9 months 3. Lunch and Refreshment facility 4. Internship allowance will be provided to each trainee up to 3 months. Eligibility Criteria: 1. At least a...

India: second largest consumer market for footwear

According to the same source, the year 2017 was marked by positive dynamics across the worldwide footwear industry. After two years of stabilization, the worldwide footwear production resumed growth in 2017 reaching 23.5 billion pairs,...

Vietnam emerges as key beneficiary of trade war

Vietnamese companies are emerging as key winners of the trade war between the U.S. and China, according to a new survey of companies from the two nations. Both American and Chinese companies participating in the...

Global footwear sole material market is expected to reach $21.0 billion by 2023

According to a new market report published by Lucintel, the future of the global footwear sole material market looks promising with opportunities in athletic and non-athletic shoes. The global footwear sole material market is expected...

European industry's demands on Market Surveillance

"Industrial social partners in the footwear, tanning and leather sectors demand a broader scope of the upcoming Regulation on Market Surveillance." IndustriAll European trade union, the European federation of trade unions in manufacturing value chains...

US-China trade war: Indian leather market thrives

Hit by tariffs on products imported from China, US companies have begun shopping in India. “US importers are panicking,” said Mecca Rafeeque Ahmed, a leading exporter and founder of the Farida group, a Chennai-based exporter...

Leather be a part of Nigeria's economic rebirth?

Oil remains Nigeria's biggest source of income, but after recovering from its first recession in 25 years, Africa's most populous country is looking to diversify its economy.And some entrepreneurs have bet on the leather industry...

New increase in Cambodia's minimum wage

The announcement came after the Labor Advisory Committee (LAC), a body made up by 28 members (14 government representatives, 7 representatives from the garment and footwear industry and 7 from the trade unions), voted on...

Global Leather Goods Market Size, Demand Forecasts, Industry Trends & Updates (2018-2025)

The global leather goods market is USD 95.4 billion in 2018 and will reach USD 128.61 billion by 2022 at a CAGR of 4.36% during the forecasted period. Retail stores hold the major share in...

Reformation Turns Deadstock Leather into Vintage-Glam Shoes

After teasing its foray into footwear for weeks, Reformation is finally ready to step into the spotlight. Together with Bulgaria’s By Far, the eco-friendly It Girl brand has cobbled together a line of boots, mules...

IMF forecasts 7.1pc economic growth for Bangladesh in 2019

The growth domestic product (GDP) of Bangladesh is expected to grow by 7.1 per cent in 2019, according to the International Monetary Fund (IMF). Economic growth may accelerate 7.0 per cent in 2023, IMF said...

Downward trend continues for Brazilian footwear exports

In the first nine months of 2018, Brazilian footwear sales to the external markets totaled 78.9 million pairs and total revenue of 700 million US dollars, down by, respectively, 11% and 12% compared to similar...

Why the Global Footwear Industry Needs to Rethink Traditional Ideas

If there was one message made clear at the 20th UITIC International Technical Footwear Congress in Porto, Portugal last week, it was that the traditional leather footwear industry needs a wake-up call if it wants...

Adidas, Burberry Among the World’s Most Sustainable Companies

Adidas just scored major bragging rights. Not only did the sportswear giant make the Dow Jones Sustainability Indices (DJSI) for the 19th year in a row, but the annual ranking also named it an industry...

Latest Version of "World Footwear Yearbook-2018" available at KRC, LFMEAB

Dear KRC members & subscribers, Greetings from the Knowledge & Resource Center (KRC), LFMEAB! We are glad to inform you that, the latest copy of “World Footwear Yearbook 2018- Published by Portuguese Shoes”. The magazine...

Cambodia’s footwear exports increased +11% in the first six months of 2018 to US$4 billion

According to the National Bank of Cambodia (NBC), the increase in the first six months of the year was almost double the 6.9% rise recorded in the first half of 2017, attributed to a rise...

LFMEAB Holds Eye Camps for Workers at Arcobaleno Footwear Limited

An Eye Sight Acuity Testing Camp Occurred in LFMEAB’s member factory Arcobaleno Footwear Ltd. On Friday 21st September 2018. At present, leather industry is the second largest export earners sector of Bangladesh. Bangladesh government prioritized...

What Vietnam has done, Bangladesh can do better: Why exports are under-performing?

Bull Run may be over: The current state of our export performance should be a wake-up call. For two decades, 1991-2011, Bangladesh exports were on a tear, growing at double-digit average annual rate of 14...

Indian leather imports rise

India, one of the up and coming producers of leather in the global market, has reported that imports of leather goods have still risen, by 22%. The figures come from The Associated Chambers of Commerce...

5 LFMEAB member factories awarded CIP status

The government yesterday awarded CIP (commercially important person) cards to 178 businesspersons in recognition of their extraordinary performance and contribution to the economy. Among them there were 5 LFMEAB member factories, they are: Picard Bangladesh...

Leather Pipeline: Time for consumers to say no to plastic?

Consumers now have the opportunity to let brands and retailers know whether they want to continue to buy plastic products, according to the latest edition of our exclusive Leather Pipeline market intelligence report. It says...

Steep decline in leather exports from Bangladesh in July

Bangladesh’s total leather exports in July were worth $91.16 million, a fall in value of 21.7% compared to the same month of 2017, according to data from the country’s Export Promotion Bureau (EPB). Exports of...

Eid Mubarak 2018!

Eid Mubarak 2018! On behalf of the Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB), on the eve of Eid, we would like to wish all of you with a warm "Eid Mubarak!”

Thrust on improving ease of doing business to boost leather sector

Business leaders have called for improving ease of doing business and addressing logistical hassles and infrastructure bottlenecks such as port congestions in order to realise the full potential of the leather industry. They also called...

The 15th Annual General Meeting (AGM) of LFMEAB held

The 15th Annual General Meeting for July 2017-June 2018, of Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) was held on Saturday, 11th August 2018 at the Westin hotel, Dhaka. President Mr. Md....

Bangladesh Govt to set new rates of export incentive, cash subsidy

Like in the last fiscal year, the goods and products under export categories will get cash incentive or subsidy against shipments during the current fiscal year. The government is likely to sit tomorrow (Wednesday) to...

Leather goods: Bangladesh’s next cash cow

As Bangladesh prepares to advance to the next level of economic development, our policymakers have to start thinking about how to remain internationally competitive as well as ensure greater economic activity -- more jobs, greater...

Bay's leather park eyes $25m Chinese fund

Chinese companies are likely to invest Tk 200 crore ($25 million) at the Bay's planned leather and footwear industrial park in the Mirsarai Economic Zone in Chittagong. According to Bay Group, 18 leather and footwear...

New footwear design center opens in India

This institute is one the three new FDDIs that will be established as part of an investment plan for the leather industry announced by the Indian government ahead of the 2018 Indian International Leather Fair...

India cuts sales tax on 50 products including leather goods

India slashed the sales tax rate on over 50 products on Saturday in a move aimed at appealing to traders and the middle classes as Prime Minister Narendra Modi’s government eyes next year’s elections. Modi...

Vietnam: exports revenue to rise again

Vietnam’s export turnover is likely to reach 236.6 billion US dollars in 2018, an increase of 10% compared to the previous year, according to some analysts. The Import-Export Department under the Ministry of Industry and...

Establishing economic zones: Tax-breaks, incentives lure investors

A rising number of entrepreneurs are joining the queue to establish private economic zones, tempted by the tax breaks and a host of other benefits offered by the government. Some 43 entrepreneurs have so far...

Footwear makers based in China are interested to invest in Bangladesh

Leather and footwear makers based in China are interested to make the investment in order to produce leather goods and footwear. Assumably, the Chinese investors are keen to establish their production units out of China...

Pakistan's footwear exports with good performance

In May 2018, the volume of Pakistan's exported footwear increased by 17.0% compared to similar period in 2017; 806 thousand pairs rising to 943 thousand pairs. In terms of value, exported footwear grew from 80.1...

Though US Consumer Spending is up, it’s Not Going to Clothing and Footwear

Consumers may be spending more, but they’re focused on things beyond what they wear. U.S. personal income increased 0.4%, or $47.8 billion, in March, primarily driven by gains in wages and salaries, social security benefits...

Labor Costs and Trade Agreements are Luring Footwear Brands to Vietnam

As sourcing costs rise along with trade tensions, the appeal of affordable labor costs and relatively tension-free trade relations has footwear companies increasingly turning their attention to Vietnam. Pulling from the data compiled for its...

Footwear Consumer 2030- report now available at Knowledge & Resource Center (KRC) of LFMEAB

This study reflects on the main global consumer trends with special attention to the key changes for the footwear industry and the foreseeable impacts on companies, brands, and consumers by 2030. In a society with...

Eid Mubarak 2018!

On behalf of the Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB), on the eve of Eid, we would like to wish all of you with a warm "Eid Mubarak!" May God showers...

BRAC, LFMEAB sign MoU on reintegration of women workers

Bangladesh should stop sending domestic workers to Saudi Arabia considering pervasive workplace abuse there, speakers at a programme said on Monday.Rather, job opportunities should be created for less-skilled women in the country, they said. Different...

Bangladeshi tanners scoop industry awards

President Abdul Hamid of Bangladesh handed out a series of awards to some of the country’s most innovative and fastest growing textile producers on Tuesday. As part of the ceremony at Osmani Memorial Auditorium in...

Good semester for footwear in Bangladesh

Bangladesh’s exports of leather reached 81 million US dollars in the first six months of the current financial year (July to December 2017). This represents a decline of 29% from similar period in the previous...

Happy Bangla New Year 1425!

শুভ নববর্ষ ১৪২৫ ! The Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) would like to wish all members, strategic partners and well-wishers a happy and successful Bangla New Year 1425! We wish...

LFMEAB Celebrates Bangladesh’s Graduation from the LCD Group!

According to preliminary calculations, the UN Committee for Development Policy (CDP) has declared Bangladesh to have been eligible to be graduated from the LCD group. Meanwhile, Bangladesh has already met at least two of the...

Attaining LDC graduation criteria: Bangladesh terms it a historic day

Bangladesh has termed it a historic day as it attained all three criteria for graduation from the least-developed country (LDC) group to developing one. "It's a historic day for us. I am delighted to inform...

LFMEAB signs MoU with Vietnam Leather, Footwear and Handbag Association (LEFASO)

Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) has signed a Memorandum of Understanding & Cooperation Agreement with Vietnam Leather, Footwear and Handbag Association (LEFASO) on Monday, 5th March 2018 at LFMEAB conference...

Leather industry claims policy support in Bangladesh

“We have an ambitious target of exporting up to 60 billion US dollars annually by 2021. We are hoping that leather and leather goods sector will contribute 5 billion US dollars to this”, commented Farooq...

Leather goods exporters stare at tough times

Bangladeshi footwear and leather goods exporters are bracing themselves for tough competition in the global market after the Indian government recently announced a mega financial incentive for the sector's revival. Both the countries export footwear...

Picard School Wins Gold Medal in 9th National ITF Taekwon-Do Championship 2017

Community School of Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) –Picard Community School –Won Gold Medals in 9th Agrani Bank National ITF Taekwondo Championship 2017 and 4th Bangladesh Cup Championship 2017 was...

Happy New Year 2018!

Dear Members, partners, well-wishers, and visitors Happy New Year 2018! I wish you a wonderful new year filled with abundance, joy, and treasured moments. May 2018 be your best year yet! Wishing you all the...

Expo Opens Avenues for Leather-Goods Branding, Export

A visitor inspects different types of finished leather at a stall of Bangladesh Leather Footwear and Leathergoods International Sourcing Show 2017 at the International Convention City Bashundhara in the capital on Friday. The three-day event...

2 More Leather Estates in Rajshahi, Ctg: PM

Expressing the hope to bag $5 billion export earnings from the leather, leather goods and footwear sector out of the total export earnings of $60 billion as per the Vision 2021, Prime Minister Sheikh Hasina...

Leathergoods Makers to Organise Sourcing Show Every Year

The leathergoods makers and exporters association has decided to organise its recently concluded international sourcing show every year, as the event has received warm responses from the global buyers. Md Saiful Islam, president of Leather-goods...

LFMEAB hosted 36th International Footwear Conference (IFC) 2017

Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) hosted and organized 36th International Footwear Conference (IFC) 2017 of Confederation of International Footwear Associations (CIFA) on Wednesday, November 15, 2017 at the Westin Dhaka....

LFMEAB Organized Meet the Press Regarding BLLISS 2017

Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) organized Meet the Press regarding the first ever held Bangladesh Leather Footwear and Leather goods International Sourcing Show (BLLISS)-2017 in cooperation with Ministry of Commerce...

Eid Mubarak 2017

Dear CIFA Member Associations Colleagues, LFMEAB member factories, and LFMEAB employees, On behalf of the Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) and 36th International Footwear Conference (IFC) 2017, on the eve...

Shoeniverse Footwear wins LEED certificate

Shoeniverse Footwear Ltd, a local shoemaker, received LEED (Leadership in Energy and Environmental Design) Gold certificate from the US Green Building Council. LEED is a certification programme for buildings and communities that guides their design,...

LFMEAB member wins LEEDS Gold certification from USA

Shoeniverse Footwear Ltd, one of Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) won the LEEDS Gold certification from USGBC (United States Green Building council) on 9th August 2017 in recognition of Shoeniverse’s...

Relocation at Savar: Troubled times for the leather industry

Accusations and counter accusations between the leather industry and authorities continue about the state of infrastructure in the Savar Tannery Estate. With Eid-ul-Azha a mere month away, the fact that the central effluent treatment plant...

LFMEAB Launched Community School for its Workers in Ashulia

Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) organized an inauguration ceremony of “Community School & Health Card Distribution Program” on Wednesday, 26th July, 2017 in the Picard Community School premises at Boro...

Export Earnings from Leathergoods & Footwear Sector has Reached US$1 Billion for the First Time

In the current fiscal year, 2016-17(July-June) the export earnings from the leather goods and footwear sector crossed the milestone of US$1 billion. The overall export earnings from the leather industry were US$1.23 billion, including finished...

Leather, footwear cos should take opportunity of Pangaon: Tofail

Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) organised a seminar titled 'Trade Logistics and the Use of New Container Port Facility at Pangaon' in a city hotel Tuesday. Commerce Minister Tofail Ahmed,...

Trade Logistics and the Use of New Container Port Facility at Pangaon: A Seminar Organized by LFMEAB

Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) organized seminar on Trade Logistics and the Use of New Container Port Facility at Pangaon on Tuesday, 20th June 2017 at Ikebana hall, Lakeshore Hotel,...

Policy soon to boost leather goods, footwear export

The government has initiated a move to formulate a policy for the capacity-building of leather goods and footwear manufacturers to boost export, reports UNB. Officials at the Commerce Ministry said they have already drafted a...

The Importance of Sustainable Consumption and Production in Bangladesh

Consumption is the process by which goods and services are put to final use by people. Consumption is at the end of the line of economic activities that starts with an evaluation of available resources...

LFMEAB holds Workshop on Traceability

Leathergoods and Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) in association with Leather Sector Business Promotion Council (LSBPC) jointly organised a knowledge workshop on traceability and sustainability in the leather supply chain at a...

Secretary, Ministry of Labour and Employment paid courtesy visit to LFMEAB

Mr. Mikail Shipar, Secretary, Ministry of Labour and Employment, People’s Republic of Bangladesh paid a courtesy visit to Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) on Saturday, 27th May 2017. President of...

13th AGM of LFMEAB held

The 13th Annual General Meeting 2016 of Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) was held on Saturday, 20th May, 2017 at Hotel Swiss Garden, Banani, Dhaka. President Mr. Md. Saiful Islam...

LFMEAB Signed MoU with GIZ

Leathergoods And Footwear Manufacturer & Exporters Association of Bangladesh (LFMEAB) and Deutsche Gesellschaft Fur Internationale Zusammenarbeit (GIZ) GmbH in Dhaka has signed an MoU for made in Bangladesh-Towards Sustainable Economic Growth in the Leather Sector...

Leather Industry is in a Positive Export Trend

The overall exports grew an unassertive rate of 3.92% year-on-year to $28.72 billion in July-April, riding on shipments of knitwear, home textiles, leather products and jute. Leather products shipments rose 19.08 percent to $373.31 million...

Domestic Footwear Market Expands Fast as Demand Rises

Footwear market is expanding fast riding on the growing demand from a fashion forward middle class. The increasing purchasing capacity and a rising population are also buoying demand for footwear and encouraging brands to rev...

LFMEAB Participated in 136th Inter-Parliamentary Union (IPU) Fair 2017

LFMEAB Participated in 136th Inter-Parliamentary Union (IPU) Fair from 01-05 April 2017. Many international delegates from 68 different countries joined the Inter-Parliamentary Union (IPU) conference and to their honor, Bangladesh government arranged a fair with...

Bangla New Year 1424

On the occasion of Bangla New Year 1424, we the Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) team, would like to wish all of you a happy and successful Bangla New Year...

Leather sector unruffled by malicious propaganda

A sinister campaign is on, apparently well orchestrated, to demean the country's thriving leather sector that despite many odds has emerged to successfully compete with formidable global rivals. A remarkable achievement by all means, this...

Tanners, Labour Leaders Trash Report on Bangladesh Leather Sector

Tanners and trade union leaders have expressed concern over 'motivated and baseless' campaign against Bangladesh's emerging leather industry by a section of international media. They felt that such unsubstantiated campaign would cause great damage to...

LFMEAB Delegates Attended Vietnam Footwear Summit 2017 in Vietnam

A Footwear Summit took place in Vietnam, organized by LEFASO (Vietnam Leather, Footwear and Handbag Association) and ECV International heading “Vietnam Footwear Summit 2017”. The program was two days long and footwear industry related delegates...

Panel Discussion: In New Era, Impacts of New International Trade Agreements and Other Domestic and Foreign Policies on Vietnamese Footwear Industry

LFMEAB delegates attended in Vietnam Footwear Summit 2017, which is being organized by LEFASO (Vietnam Leather, Footwear and Handbag Association) and ECV International. The program was two days long and footwear industry related delegates from...

Hugo Boss Started Sourcing from Bangladesh!

Bangladeshi leather sector is progressing day by day. In recent years, many major buyers are sourcing leather goods and footwear from Bangladesh. LFMEAB members are the major player of Bangladesh in this sector so far....

Diversification helps drive up exports of leather goods, shoes

Exports of leather products and footwear have been rising in recent years on the back of diversified products and markets and skill development initiatives in the sector, insiders have said. They said the shipment of...

Kenya is Interested in Bilateral Trade Relationship with Bangladeshi Leather Sector

A trade and investment delegate from Kenya visited Bangladesh earlier March 2017. They had a meeting on 2nd March 2017 with LFMEAB’s executive director and head of policy and resource, to increase the bilateral trade...

Export Earnings from the Leather Industry will be 500 Crores: Tofail Ahmed

Commerce minister Tofail Ahmed expects that the export earnings from the leather industry will be 500 crores by 2021. He stated that leather sector is continuously growing and the government is trying to maximize support...

LFMEAB members received National Export Trophy-2013-2014

Under National Export Trophy-2013-2014, LFMEAB members (from left)-Picard Bangladesh Ltd in leather products and FB Footwear Ltd in footwear export have won the gold trophy, Bay Footwear in footwear export received silver trophy; while Akij...

Prime Minister declared leather, footwear and leather products as the national ‘Product of the Year’

Prime Minister Sheikh Hasina has declared leather, footwear and leather products the national ‘Product of the Year’ at the opening ceremony of the Dhaka International Trade Fair today at the Bangabandhu International Conference Centre. In...

LFMEAB organized networking dinner for HDS/L delegates

Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) organized a Networking Dinner in courtesy of visiting delegates of Federal Association of German Footwear and Leather Goods Industry (HDS/L) on Thursday, 1 December 2016...

LEATHERTECH Bangladesh-2016 kicks off

The government has set a goal to export five billion US dollars from the leather and leather goods industry under Vision 2021 which marks the 50 year anniversary of independence. Commerce Minister Tofail Ahmed, MP,...

LFMEAB Donates to Prime Minister's Relief Fund

A delegation from the Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) led by President Mr. Md. Saiful Islam donated funds for the relief fund (PMNRF) of Prime Minister Sheikh Hasina. On Wednesday,...

Relocation of tanneries a boon to country's leather exports

President of Leathergoods and Footwear Manufacturers and Exporters Association of Bangladesh (LFMEAB) Md. Saiful Islam, Senior Secretary of the Ministry of Industries Md. Mosharraf Hossain Bhuiyan and Vice Chairman of Bangladesh Export Promotion Bureau Mafruha...

Major Strengths and Weaknesses of Industries of Bangladesh

Industries other than textile and ready made garments are unable to maintain similar pace of growth due to variances in sector wise policy supports- Mr. Abdul Momen Bhuiyan, Senior Vice President, Leathergoods And Footwear Manufacturers...

FOOTWEAR EXPORTS RECORD IMPRESSIVE GROWTH

The footwear industry recorded 27 per cent growth in four years, from 2012 to 2015, a recent research report of the Leather Goods and Footwear Manufacturers and Exporters Association of Bangladesh (LFMEAB) has found. In...

LFMEAB News Coverage by World Footwear

Bangladesh leather industry focus on training- World Footwear The Skills for Employment Investment Program (SEIP) is being implemented for the leather sector. With this new deal the local entities are expecting to boost productivity. The...

Signing Ceremony of SEIP between Ministry of Finance and LFMEAB

Chairman of Centre of Excellence for Leather Skill Bangladesh Limited (COEL), Syed Nasim Manzur seen, among others, in a contract signing ceremony between Leathergoods & Footwear Manufacturers and Exporters Association of Bangladesh (LFMEAB) and the...

LFMEAB for relocation of tannery units to Savar

LFMEAB for relocation of tannery units to Savar. The assoc unveils first-ever business promotion brochure. FE Report Leathergoods and Footwear Manufacturers and Exporters Association of Bangladesh (LFMEAB) on Thursday demanded immediate relocation of tannery units...

Leather goods makers seek govt incentives to double exports

Leaders of the Leathergoods and Footwear Manufacturers and Exporters Association of Bangladesh (LFMEAB) said the country's leather goods export could be doubled if the government provided necessary support and the political situation remained stable. Bangladesh...

GIZ and LFMEAB organized a day long training program on Implementation of Electrical Safety Programme for Leather Factories in Bangladesh

LFMEAB in collaboration with GIZ organized a training programme on Implementation of Electrical Safety Programme for Leather Factories in Bangladesh on 23rd March 2016. This is an initiative piloted for factory improvement programme focusing on...

LFMEAB organized a 2 day training program on Efficiency Improvement : Lean Management Approach for Increasing Profitability

Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) has organized a 2 day training on Efficiency Improvement: Lean Management Approach for Increasing Profitability from 13th March 2016 to 14th March 2016 to take...

$2b Indian credit line opens for Bangladesh

Bangladesh yesterday signed an agreement with India's government-designated Exim Bank of India for $2 billion in low-cost loans for over a dozen social and development projects. The funds will be used for 14 projects in...

Bangladesh Bank to set up $200 m Green Transformation Fund

Bangladesh Bank on Thursday introduced a refinance scheme namely Green Transformation Fund amounting to US$ 200 million for the export oriented industries of the textile and leather sectors to set up environment friendly infrastructures. The...

Relocation of Tanneries

Although the government has set March 1 as the new deadline for moving the tanneries from the capital's Hazaribagh to Savar, not a single factory building at the new site is ready for relocation by...

Higher Education of Migrant Family Members Fall Behind

Persecution or the hope of earning more have led many Bangladeshi workers set sail for abroad. Besides many of them have migrated locally inside the country. Even after substantial contribution to the national development, their...

25 tanners face legal notice as they fail to relocate factories

The government has served legal notices on 25 tanners for their failure to start their relocation process to Savar from Hazaribagh, officials said. Abdul Quayum, project director of the tannery estate in Savar, said he...

ZDHC Foundation to launch Leather MRSL at the Leather & Sustainability in Retail Conference 2015

The ZDHC Foundation is to launch its Leather Manufacturing Restricted Substance List (MRSL) at the Leather & Sustainability in Retail Conference 2015 in central London on December 9. In 2011 a group of major apparel...

Dozens of missions miss July-Oct export target

Thirty-two out of 53 Bangladesh missions abroad have failed to achieve their respective export targets for the first four months (July-Oct) period of the current fiscal year (2015-16), reports UNB. The key Bangladesh missions like...

More waiting time for GSP

Bangladesh will have to pass a series of reviews to win back its trade privileges to the American market, said a senior official of the US Embassy in Dhaka yesterday. The disclosure puts a damper...

Donors renew pledge to stand by Bangladesh

Development partners have pledged to further support Bangladesh, enabling the country to boost economic growth and shrink poverty in its graduation from a least developed country. They expressed their willingness to deepen their engagement in...

LFMEAB signs MoU with EBL

Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) under the EU Inspired initiatives signed Memorandum of Understanding & Cooperative Agreement with the Eastern Bank Limited on 26th October, 2015 at the EBL head...

Youth unemployment remains a big problem for Bangladesh.

Youth unemployment is expected to be a major problem for Bangladesh over the next decade, according to a report released by the World Bank. The report said the problem of youth unemployment is global, with...

Cash support in advance payment of leather and leather goods export.

Foreign exchange division of Bangladesh Bank informed that cash support will be provided in case of advance payment through Telegraphic Transfer (TT) for leather and leather goods export. For details please browse into the following...

Bangladesh moves two steps up in GCI ranking.

Bangladesh has moved two steps up in global competitiveness rankings for better performance in fields like macroeconomic environment, health, education and infrastructure, according to a latest finding. The country was ranked 107th in the Global...

Major setbacks to growth linger.

A majority of the challenges confronting the business community in Bangladesh remained unchanged or further deteriorated in 2015 compared to a year ago, stifling the country's growth opportunities, according to the World Economic Forum (WEF)....

Bangladesh government says 'No' to pleas for special cash incentives to exporters.

The government has turned down the pleas of different trade bodies for providing 'special cash incentives' to help key export sectors stay competitive on the global market amid erosion in the value of euro. Sources...

Hide prices to be lower than last year.

Tanners plan to offer lower rates than last year to buy raw hides of sacrificial animals, due to a drop in demand for leather and leather goods in the international markets. Globally, leather prices declined...

Exports to Japan will hit $2b by 2018.

Bangladesh is looking to export $2 billion worth of products to Japan over the next three years, Commerce Minister Tofail Ahmed said yesterday. Last fiscal year, the country received $915.22 million for its exports to...

Euro zone deflation blamed for having bad time for leather goods exports to EU.

Exports of the country's leather goods have been facing worsening market condition in the European markets due to euro zone deflation, industry insiders said. "During the fiscal year (FY) 2014-15, we have been facing deteriorating...

Leather sector’s exports cross $1 billion for second year, making it the second highest contributor to national exports after RMG.

Exports of leather and leather goods crossed $1 billion for the second year in fiscal 2014-15, according to data from the Export Promotion Bureau. In 2014-15, Bangladesh exported leather and leather goods worth $1.13 billion,...

LFMEAB commenced EMS and Eco-labelling initiative in the Footwear & Leather goods sector

Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) has commenced a new initiative on Saturday 01 August 2015, to further the vision of making Bangladesh Leather sector Green and sustainable. In addition to...

Exports experience slowest growth in 13 years: MCCI

In the fiscal year 2015, exports rose only by 3.36 per cent year-on-year to more than US$31 billion from over $30 billion in the last fiscal year, lowest in 13 years. An analysis of the...

Bangladesh exports rise by 3.35 % in the fiscal year 2014- 2015, despite of 6% falling short to this year’s export target.

In the history of Bangladesh, the government for the first time accepted the fact that annual exports will incline, blaming it on two major currencies that have lost value. Vice Chairman of Export Promotion Bureau...

Trade deficit amplifies over 53 percent

Balance of payments (BoP) is under pressures as country's overall trade deficit amplified over 53 per cent by official count in the first 11 months of the just-concluded fiscal year (FY). The BoP glided into...

Shoe sales thrive ahead of Eid. Eid brings great opportunity to expand their business.

A number of footwear manufacturers are expanding business networks, pinning their hopes on brisk sales ahead of the Eid. Local sales of footwear hover between Tk 6,000 and Tk 7,000 crore a year, and 40...

Training Program on Fundamentals of Green Financing

A training program titled “Fundamentals of Green Financing” was held at Bangladesh Foreign Trade Institute (BFTI), TCB Bhaban (5th Floor), 1 Kawran Bazar, Dhaka-1215 on Saturday, 27th June, 2015. The training was organized by Leathergoods...

Training Program on Quality Control in Leather Goods Production Process

Leathergoods and Footwear Manufacturers and Exporters Association of Bangladesh (LFMEAB) and Leather Sector Business Promotion Council (LSBPC) jointly organized a day long training program titled “Quality Control in Leather Goods Production Process” held at Picard...

Training Program on Workplace Productivity Cutting Value, Eligibility of Leather Grading and Waste Management

Under the initiative of the European Union funded Bangladesh Inspired Lot 2 Project, “Strengthening the Capacity of Leather goods and Footwear Manufacturers & Exporters Association of Bangladesh” a day long training program titling “ Workplace...

Training program on Occupational Health & Safety (OHS) and Environmental Management System (EMS)

Under the initiative of the European Union funded Inspired Lot 1 B Project, “Support for the development of the value added leather products (footwear and leather goods) clusters and value chain”- Leathergoods & Footwear Manufacturers...

LFMEAB establishes a CAD-CAM Center

Under the initiative of Bangladesh Inspired Lot 2 Project, “Strengthening the Capacity of Leather goods and Footwear Manufacturers & Exporters Association of Bangladesh established a CAD-CAM Center, through the inauguration of a Basic CAD-CAM Training...

TRAINING OF TRAINERS (TOT) PROGRAM INAUGURATED

Under the initiative- support for the development of the value added leather products (footwear and leather goods) clusters and value chain- Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) arranged an Inauguration Ceremony...

RETAILING & MERCHANDISING WORKSHOP HELD

Under the initiative- support for the development of the value added leather products (footwear and leather goods) clusters and value chain- Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) arranged a day-long workshop...

LFMEAB PARTICIPATES IN 118th SLTC CONFERENCE 2015

President of LFMEAB attended the 118th SOCIETY OF LEATHER TECHNOLOGISTS AND CHEMISTS (SLTC) Conference 2015 (http://www.sltc.org/conference.htm) held on 25th April 2015 at the University of Northampton, UK. Gladly, President also delivered a presentation titled “Challenges...

LFMEAB GOES PARTNERSHIP WITH ICLT, UK

Under the project, Executive Director of LFMEAB meets with The Institute for Creative Leather Technologies (ICLT) team in UK to bring the benefits for LFMEAB member factories from ICLT’s cross-disciplinary research on scientific and technological...

LFMEAB IS ATTENDING THE 118TH SLTC CONFERENCE 2015, UK

President of Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) is attending the 118th SOCIETY OF LEATHER TECHNOLOGISTS AND CHEMISTS (SLTC) <a href="http://www.sltc.org/conference.htm" target="_blank" >Conference 2015 (http://www.sltc.org/conference.htm)</a> holding on 25th April 2015 at...

LFMEAB EYES PARTNERSHIP WITH THE SATRA TECHNICAL

Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh eyes collaborative engagement with the SATRA- a leading technical authority for footwear and leather- to avail technical expertise and excellent designing facilities. Recently Executive Director of...

ACCESS TO FINANCE WORKSHOP HELD

Under the project, Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) arranged a day-long workshop regarding "Access to Finance" at Bangladesh Paduka Prostutkarok Somiti (BPPS), Bakshi Bazar. Ms Anne Raine, EU expert of...

LFMEAB ORGANIZES FIRE FIGHTING SAFETY & SECURITY TRAINING

As a part of Compliance drive, Leathergoods and Footwear Manufacturers and Exporters Association of Bangladesh (LFMEAB) and Leather Sector Business Promotion Council (LSBPC) jointly organized a day long training program titled “Fire Fighting Safety &...

LFMEAB ORGANIZES FOOTWEAR DESIGNING TRAINING

Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) and EU funded Inspired Project organized a month long training program titled “Skills Training on Footwear Designing” in association with LFMEAB strategic partner Centre of...

LFMEAB PARTICIPATES in HONG KONG FAIR 2015

Under the project, LFMEAB is participating in the 31ST APLF - FASHION ACCESS, HONGKONG 2015, which is taking place from 30 March - 1 April 2015 in Hong Kong. Being business-focused and trend-savvy Hong Kong...

LFMEAB CELEBRATES APEX’S SILVER JUBILEE!

Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) celebrates 25 years of Apex Footwear Limited – a valued LFMEAB member. On behalf of LFMEAB, President, Sr. Vice President, Vice-President, and Director of LFMEAB...

LFMEAB signs MoU with INTERTEK

Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) signed Memorandum of Understanding & Cooperative Agreement with INTERTEK Bangladesh on 11th February, 2015 at the British High Commissioners Residence, Dhaka. Syed Nasim Manzur, President...

LFMEAB Observes Business Rally

Seeking restoration of peace & security ending ongoing political crisis to bring back business-friendly environment in the country Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) hold a Business Rally as part of...

Customs and VAT Workshop Held

A day long training program titled “Customs & VAT Policy & Procedure in Bangladesh” was held at Hotel De Castle, Banani, Dhaka on 7th February, 2015. Dr. Md. Shahidul Islam, Commissioner, Customs Bond Commissionerate, Dhaka...

LFMEAB Participates DITF 2015

LFMEAB has been participating in the 20th Dhaka International Trade Fair, (DITF)-2015 organized by Export Promotion Bureau and the Ministry of Commerce, Government of Bangladesh at Sher-E-Bangla Nagar, Dhaka. LFMEAB is participating the fair under...

LFMEAB congratulated Banglaesh Bank Governor for being the best central bank governor in the Asia Pacific region

LFMEAB congratulated the Governor of Bangladesh Bank, Atiur Rahman for achieving the award for best central bank governor of the year 2015, Asia pacific. The Banker, a UK-based magazine owned by the Financial Times Group,...

President Attends Intertek Footwear Laboratory Inauguration

President of LFMEAB, Mr. Syed Nasim Manzur, attended “Inauguration of Footwear Laboratory of Intertek Bangladesh” at Phoenix Tower, Tejgaon, Dhaka on 22nd January 2015 as one of the special guests along with Mr Hedayetullah Al...

LFMEAB Celebrates International Customs Day

LFMEAB has been celebrating the International Customs Day of this year (Monday, January 26) upholding theme 'Coordinated Border Management - An Inclusive Approach for Connecting Stakeholders'. The President of LFMEAB greets all officials and employees...

Sr. Vice President of LFMEAB, Mr. Md. Saiful Islam, attends workshop on Leather and Leather Goods: Next to RMG

Workshop on Leather and Leather Goods: Next to RMG was held on 24th January, 2015 at FARS Hotel & Resorts, 212, Shahid Syed Nazrul Islam Sharani, Bijoynagar, Dhaka. The workshop was organized by, Board of...

LFMEAB, Bangladesh and IFCOMA, India Team up in Leather Sector

Leather manufacturers from India and Bangladesh signed a memorandum of understanding on the 27th of November 2014, to intensify cooperation, foster joint ventures and explore possibilities of direct investments. The Indian Footwear Components Manufacturers Association...

Group Insurance Contract Signing Ceremony between LFMEAB & Guardian Life held at LFMEAB Conference Room on 15th September, 2014 to provide Group Life Insurance coverage to all the 40000 employees of the LFMEAB.

Vice President (Finance) of Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) Nasir Khan and MD & CEO of Guardian Life Insurance Noor Mohammed Bhuiyan exchanging documents after signing a Group Life Insurance...

10th AGM of Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) held at Hotel De Castle Limited

The Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) organized its 10th Annual General Meeting at Hotel De Castle Limited, Dhaka on August 9, 2014. Along with the President, Mr. Syed Nasim Manzur;...

Training on "Productivity Improvement Technique for Floor Level Management"

A two day long training titled “ Productivity Improvement Technique for Floor Level Management” took place at Hotel De Castle, Banani, Dhaka. The training programme started on 15th March and Mir Muniruzzaman, Secretary General, LFMEAB...

Syed Manzur Elahi talks on business losses due to political turmoil

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LFMEAB Raises White Flags in Human Chain

<b>Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh ( LFMEAB) </b>joined the white flag human chain program in front of FBCCI Building on 15th December 2013 to stage demonstrations to protest against the massive...

LFMEAB extends its support for the Savar Victims.

A team of delegates from the Leathergoods& Footwear Manufacturers & Exporters Association of Bangladesh, led by Mr. Syed Nasim Manzur, met the Prime Minister Sheikh Hasina at her office yesterday to convey their condolences and...