- Join Our Exclusive Weekly Newsletter
- Posts
- Commerce Adviser Blames Syndicates for Decline in Bangladesh Leather Industry
Commerce Adviser Blames Syndicates for Decline in Bangladesh Leather Industry
Vietnam to Host Third APLF ASEAN Edition in Ho Chi Minh City from 13 to 15 November 2025 | Jordan’s Leather and Garment Exports Hit Record High with $2.4 Billion in 2024 | Colombia’s Leather Goods and Footwear Exports Reach $20.1 Million in Q1 of 2025 & more
Arshad Leathernews.org
June 15, 2025
Good morning & Welcome to our weekly newsletter! Here, we bring you the entire week's news, insights, market research, analysis, expert insights & facts from the global "leather, footwear, and leather goods" industry.
In a simplified and easy-to-understand manner, saving you time while keeping you informed & updated under 5 minutes every Sunday at 11am.
In case you missed it, here’s a look at what happened in the Global Leather, Footwear & Leather Goods Industry last week.
LEATHER INDUSTRY NEWS
Rawhide traders in Bangladesh faced heavy losses this Eid-ul-Azha, as cowhide prices fell below government-set rates and demand remained weak forcing many to sell at a loss or discard unsold goat-hides entirely.
Bangladesh's leather sector faces a deep, 15-year decline fueled by powerful syndicates. The government has launched control teams, financial aid, and market reforms in a bold effort to rescue the struggling industry, says Commerce Adviser Sheikh Bashir Uddin.
Rawhide collection during Eid-ul-Azha in Bangladesh fell sharply down 20% nationwide as economic woes, political instability, and poor government oversight hit the leather industry hard, leaving traders with heavy losses and unsold stock.
Jordan’s leather and garment sector hit a record $2.4 billion in exports, growing 24% year-on-year and reaching nearly 90 countries driven by U.S. demand and backed by a 150% rise in industry investment.
APLF ASEAN returns for its third edition, this time in Vietnam offering global suppliers direct access to Southeast Asia’s booming leather and footwear manufacturing hub from 13–15 November 2025.
FOOTWEAR INDUSTRY NEWS
Independent auditors warn that Vietnam’s iconic Thuong Dinh Footwear may not survive, as mounting debt, overdue receivables, and ongoing losses raise serious doubts about its financial future.
Caleres reported a 6.8% drop in Q1 2025 revenue, with weaker sales at Famous Footwear and Brand Portfolio. Earnings fell short, prompting cost cuts and a sourcing shift away from China to boost future performance.
LEATHER GOODS INDUSTRY NEWS
Colombia’s leather and footwear industry grew in Q1 2025, with exports up 3.8% and strong domestic sales driven by school season demand and leather’s continued importance in both local and global markets.
Thanks for checking out our newsletter today
If you found something useful, please consider sharing it with others who might benefit from it.
Written & Published by Arshad | Leathernews.org
Follow Arshad on LinkedIn
Reply