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Mr. Syed Nasim Manzur, Managing Director, Apex Footwear Ltd., has been elected as the new President of the Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB). The outgoing President Mr. Md. Saiful Islam announced this in the 18th Annual General Meeting of LFMEAB for the year July 2020-June 2021 held on Saturday, 12th…

The 18th Annual General Meeting of Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) for the year July 2020-June 2021 was held on Saturday, 12th March 2022 at 12 PM at MCCI-BEF’s conference room at Police Plaza Concord, Dhaka. President Mr. Md. Saiful Islam presided over the meeting while Sr. Vice-President, Mr. Abdul…

The Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) expresses congratulations to Mr. Md. Saiful Islam, who is also the President of LFMEAB, for being elected President of the Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) for the year 2022! LFMEAB also congratulates the new board of directors of MCCI! The new…

The Honorable Ambassador of Switzerland to Bangladesh H.E. Dr. René Holenstein visited Picard Bangladesh – one of the members of Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) – in Savar on Sunday, 23rd December 2018. Mr. Md. Saiful Islam, the President of LFMEAB and Managing Director of Picard Bangladesh Ltd., welcomed Ambassador…

Investment in leather goods and footwear has been rising significantly, thanks to more and more foreign and Bangladeshi investors pumping in money as production cost has gone up in competitor countries, say industry insiders. Moreover, Bangladeshi entrepreneurs are investing in compliant factories to produce high-quality footwear that will eventually reduce the dependence on the import…

“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 and CEO of the FDRA, adding: “Our companies know far too well the negative impact import duties have on American…

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 Limited and Bay Footwear Ltd. has achieved Golden Trophy, F.B. Footwear Ltd. has achieved Silver Trophy, Akij Footwear Ltd. And…

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 been inspecting factories and overseeing remediations, is set to shutter at the end of this week. Bangladesh had sought to…

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 in Asia 5. Geox releases disappointing Q3 results 6. Geox hopes to reach sales of €1 billion 7. Wolverine rides…

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 reelected in the next election, reports UNB. “I want to establish two more leather industrial parks alongside tanneries in Rajshahi…

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 technology to the doorsteps of the local industry and catalyze its growth and modernization, the sixth edition of Leathertech Bangladesh…

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 of the expo titled ‘Bangladesh Leather Footwear and Leather Goods International Sourcing Show (BLLISS) 2018’ is expected to create greater…

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 Bachelor Degree in any Discipline from a UGC approved university or an institution. **Application Deadline 26th November 2018.

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, 2% more than in the previous year. Although this is still far from the fast growth pace registered between 2010…

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 survey, published on Monday by the Guangzhou-based American Chamber of Commerce in South China, said that as a result of…

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 to reach an estimated $21.0 billion by 2023 with a CAGR of 5.9% from 2018 to 2023. The major growth…

“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 and CEC and Cotance, employers’ and industry associations in the sectors of footwear, tanneries and leather, issued a joint declaration…

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 of footwear. “There is one US company which is looking to buy 50 million pairs of footwear,” said Ahmed, and…

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 – thought to be worth around $700 million dollars annually. It is to this end that Femi Olayebi, a design…

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 a minimum wage of 177 US dollars for 2019, which was updated with an extra 5 US dollars by the…

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 this market that is over 90%, however, the online sales will increase during the period due to the growing popularity…

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 and pumps using deadstock leather and suede “rescued” from luxury boutique tanneries in Italy. The six-piece capsule, which features neutral…

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 in its World Economic Outlook 2018, which was released on the Indonesian resort island of Bali on Tuesday. The IMF’s…

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 period in 2017. Abicalçados Executive President Heitor Klein points out the impact of currency fluctuations: “If an stronger US dollar…

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 to survive. “Our industry is one of the oldest in the world. We are using the same material as our…

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 leader in the textiles, apparel and luxury goods sector. Adidas outpaced rivals like Nike and Puma in criteria such as…

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 in demand from the U.S. market. The EU is reported to have criticised the Cambodian government’s human rights record and…

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 leather sector as highly potential sector due its local high value edition. As the renowned representor of this sector LFMEAB…

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 per cent. Ready-made garment (RMG) exports led the pack, averaging 18 per cent growth in this period. Economists monitoring the…

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 of India (ASSOCHAM), which reported that the country is still importing high levels of a range of goods, including coal,…

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 Limited, Akij Footwear Limited, Bay Footwear Limited, ABC Footwear Industries Ltd., and Leatherex Footwear Industries Limited. Of them, 136 received…

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 that if they are no longer interested in these “shapeless, non-sustainable and buy-and-dump” items, they must show they are willing…

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 finished leather fell 24.3% to $10.8 million, while exports of leather products tumbled 61.5% to $14.84 million. On a more…

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!”

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 upon the relevant bodies to take up long-term policy support to achieve US$5.0 billion exports by 2021. The call came…

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. Saiful Islam presided over the meeting while Sr. Vice-President, Mr. Abdul Momen Bhuiyan, Vice-President, Mr. Nasir Khan, Vice-President, Mr. Md.…

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 set new rates of cash incentive/subsidy and also re-fix the existing ones against export items for fiscal year 2018-19 (FY…

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 output — and higher average incomes. In order to achieve that, Bangladesh desperately needs to upgrade and expand its export…

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 makers based in China are interested to make the investment in order to produce leather goods and footwear. The investment…

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 (IILF) in Chennai at the beginning of February. During his intervention at the inauguration in Hyderabad, Mr. Prabhu said the…

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 is seeking a second term in 2019 amid voter frustration over the abrupt implementation of a nationwide goods and services…

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 Trade (MoIT) confirmed that the first half of this year ended with positive export outcomes, creating a good momentum for…

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 applied to the Bangladesh Economic Zones Authority (Beza) for licences to set up economic enclaves on their land. The Beza…

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 in order to lower production cost. Recently, a visiting foreign business delegation from China explored avenues and ways to invest…

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 million US dollars in May 2017 to 9.25 million US dollars in May 2018 (+15.5%), according to data released by…

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 and dividend income, according to estimates released Monday by the Bureau of Economic Analysis (BEA). Disposable personal income (DPI) also…

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 World Footwear Yearbook, World Footwear said Vietnam produced 1.18 billion pairs of shoes in 2017, giving it a 5.2% share…

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 an economy characterized by change and volatility, the researcher team engaged on a reflection based on the trends that will…

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 His blessings upon us and brings more wonderful opportunities to work together! Wishing you a happy celebration day of Eid-ul-Fitr…

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 sectors such as apparel, knitwear and leather can employ the women willing to go abroad for jobs, they added. The…

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 Dhaka, President Hamid will present six textile firms with the President’s Award for Industrial Development The awards mark the companies’…

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 year and the achievement of 87% of the strategic target fixed for the first semester. Exports of leather products almost…

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 you a prosperous and wonderful 1425! Happy Bangla New Year 1425!

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 three criteria which are Per Capita GNI, Human Asset Index (HAI) and Economic Vulnerability Index (EVI). In this regard, UN…

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 you that Bangladesh has fulfilled the criteria for graduation from the LDC category for the first time,” said Permanent Representative…

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 room, which was exchanged between LFMEAB and LEFASO on the following day at Pan Pacific Sonargaon Dhaka in the presence…

“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 Sobhan, President, and CEO of the Bangladesh Enterprise Institute (BEI). To achieve such exports’ target, the leather and leather goods…

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 and leather goods to the same destinations like the EU, the US and Japan. The Indian government has announced a…

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 held from 31st December 2017 to 1st January 2018 at Shaheed Suhrawardy National Indoor Stadium at Mirpur in Dhaka. Nine…

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 very best for 2018. Md. Saiful Islam President, Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB)

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 will end today (Saturday). — FE Photo A maiden international exposition on leather-goods that Dhaka is just hosting would create…

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 today said two more leather industrial estates will be set up in Rajshahi and Chittagong divisions to flourish the sector.…

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 and Footwear Manufacturers and Exporters Association of Bangladesh (LFMEAB), shared the information after successfully organising Bangladesh Leather Footwear and Leathergoods…

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. It is to be noted that this is first time Bangladesh hosted this prestigious conference. Mr. Tofail Ahmed, M.P, Honourable…

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 (MoC), on Sunday, 5th November at the Westin Hotel, Dhaka The show’s thematic tagline is: Think ahead, think Bangladesh. LFMEAB…

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 of eid, I would like to wish all of you a warm eid wishes! May God showers His blessings upon…

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, construction, operations and maintenance toward sustainability. On Wednesday, the certificate was given to Shoeniverse—a member of Leathergoods and Footwear Manufacturers…

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 outstanding contribution to the excellence in sustainability particularly in environmental health for new and existing green buildings in Bangladesh. It…

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 (CETP) is a long way from being fully operational is going to have a detrimental effect on the sector. The…

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 Rangamatia (Kathgora), Ashulia, Savar, Dhaka. Mr. Hasanul Haq Inu, MP, Honorable Minister, Ministry of Information, Government of the People’s Republic…

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, leather goods, and footwear. The export earnings from the leather industry crossed the export target of US$1.22 billion for…

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, M.P, was the Chief Guest and Noor-E-Alam Chowdhury, MP, and Commodore Mohammad Mozammel Haque, Chairman of Bangladesh Inland Water Transport…

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, Road# 41, House # 46, Gulshan-2, Dhaka- 1212. Mr. Tofail Ahmed, M.P, Honorable Minister, Ministry of Commerce, Government of the…

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 policy taking into consideration the government’s vision 2021. It the policy option, it was proposed providing 16.5 per cent cash…

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 and proceeds through production of goods and services among people. The effect of this consumption, including depletion of resources and…

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 local hotel in Dhaka Thursday. Consulting Service International Ltd (CSI), a leading research organization in this area, conducted the session.…

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 LFMEAB Mr. Md. Saiful Islam welcomed Secretary to LFMEAB. Officials of Ministry of Labour and Employment and LFMEAB board members…

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 presided over the meeting while Sr. Vice-President, Mr. Abdul Momen Bhuiyan ; Vice-President, Mr. Nasir Khan; Vice-President, Mr. Md. Nazmul…

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 in Bangladesh on last 8th May 2017. Both parties will design a sustainable growth of the leather sector in Bangladesh…

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 while that of leather footwear went up by 14.05 percent to 431.65 million in July-April period. Shipments of leather products…

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 up efforts to grab a hold of the market, said industry insiders. The per capita usage of footwear is rising.…

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 the conference. It was a very prestigious program. Bangladesh government invited LFMEAB to display leather products from LFMEAB member factories.…

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 1424!

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 also demonstrates the serious intent of the local entrepreneurs to lift the industry to the height it deserves, given the…

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 the image of the country’s $1.0 billion export sector. The industry insiders, referring to a recent international wire service report…

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 from all over the Asia participated in that summit. The Executive director and Head of policy & resource of LFMEAB…

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 all over the Asia participated in that summit. The Executive director and Head of policy & resource of LFMEAB represented…

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. In March 8th 2017, State Minister for Foreign Affairs Md Shahriar Alam has created a social media buzz after posting…

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 leather products and footwear expanded by 15.55 per cent to $579.07 million in the July-January period of the current fiscal…

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 relationship with Bangladeshi leather sector. A team of 12 members heading the senior secretary of industry, trade and cooperation ministry…

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 to this sector. Honorable Prime Minister Sheikh Hasina announced leather, leather goods and footwear as “Product of the Year 2017”.…

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 Footwear in footwear export received bronze trophy respectively. Prime Minister distributed trophy on Sunday, 1st of January 2017 at the…

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 this regard, PM asked all involved to take steps to provide all possible help and support possible to this industry.…

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 at Six Seasons Hotel, Gulshan-2, Dhaka. LFMEAB maintains close contacts to different partner associations, and part of it LFMEAB met…

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, disclosed this in a three-day long international exhibition inauguration ceremony titled ‘Leathertech Bangladesh-2016’ held in city’s International Convention City, Bashundhara…

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, 31st August 2016, a LFMEAB Team comprised of Mr. Md. Nasir Khan (Vice President-Finance, LFMEAB), Mr. Nazmul Hassan Sohail, (Vice…

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 2014-15 fiscal, Bangladesh exported leather and leather goods worth $1.13 billion against $1.12 billion in the previous fiscal year, making…

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 between the Leathergoods & Footwear Manufacturers and Exporters Association of Bangladesh (LFMEAB) and the Finance Division of Ministry…

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 to the new leather industrial state of Savar to meet buyers’ compliance requirements. The association also sought sustainable and necessary…

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 fetched US$176.86 million by exporting leather goods in July-December period of the current fiscal, up by 60.68 per cent from…

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 further the vision of improving productivity and efficiency of Bangladesh Leather sector. The training was facilitated by Consulting Services International…

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 BB issued a circular to all authorized dealer branches of scheduled banks saying that the loan from the GTF would…

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 the time. The central effluent treatment plant (CETP), the most essential component of the project, is not ready either. A…

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 family members somehow still are deprived from access to higher studies. Family members of such workers who migrated abroad are…

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 had provided a list of the tanneries to lawyers on January 10 for sending legal notices. Most of the tanneries…

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 and footwear brands and retailers made a shared commitment to help lead the footwear and apparel industry towards zero discharge…

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 the ones in Berlin, Brussels, Beijing, Moscow, Paris, Rome and Geneva have failed to achieve their export targets for the…

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 on the hopes of the country, which has been expecting restoration of the generalised system of preferences (GSP) right after…

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 the country’s development process throughout the two-day Bangladesh Development Forum (BDF) meeting that concluded yesterday. “The development partners as a…

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 office Jiban Bima Bhaban, 10, Dilkusha C/A. Under this MoU, LFMEAB & EBL are envisioned to ensure concessional green credit…

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 link: http://www.rtnn.net/bangla/newsdetail/detail/1/2/121621#.VhN3Iuyqqkq

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 Competitiveness Report 2015 –two notches up from last year’ 109th stand. But, the Centre for Policy Dialogue (CPD), which has…

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). Of the 16 major challenges, nine problematic factors remained the same in 2015, three deteriorated and four improved from a…

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 said the Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI), the Bangladesh Garment Manufacturers and Exporters Association and the Leather…

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 30-35 percent year-on-year in 2015 as non-leather footwear items gained popularity. Moreover, 40 percent of the raw hides that were…

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 Japan. It is possible to reach the target as the demand for Bangladeshi products, especially garment and leather, is higher…

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 market conditions in Europe, our major market, due to deflation in European Union (EU),” an exporter told the FE. As…

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, compared with $1.12 billion in the previous fiscal year, making it the second highest contributor to national exports after garment.…

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 its regular compliance drive, LFMEAB has undertaken a collaborative project titled “Implementation of Environmental Management Systems and Eco-Labelling Schemes in…