Footwear sector and FDI in Bangladesh

Exports may exceed a billion dollars by 2013 if power is ensured

Bangladesh could have a billion dollar footwear export sector by 2013 claim local shoe manufacturers on the basis of both the current growth in shipments and the increased production capacity in factories under construction. If the assessment is correct, in a three-year period the level of exports can increase five-fold from the $205 million worth of shoes that were exported in the last fiscal year that ended in June 2010. 

In the first four months of the current fiscal year there has been $98 million worth of exports, a 65 per cent increase from the same period last year. Taking this rate of growth into account, it is estimated that the current fiscal year’s footwear export is likely to cross $300 million. Japan and Germany are now the biggest markets for Bangladeshi footwear but US buyers are increasingly showing interest in sourcing from Bangladesh. The Export Processing Zones at present have 18 shoe and leather goods factories but there are at least seven large factories under construction, mostly owned by big manufacturers in the shoe world. The factories under construction include Korean company Youngone’s footwear complex which is said to be the largest in Asia. This year Youngone — which produces sportswear for Nike and other leading brands — estimates that it will export $56 million worth of footwear. However, when the new factory is completed next year the company expects to increase exports to at least $250 million by the end of 2013.

Taiwanese shoe manufacturer Pau Chen, which employs about 4,00,000 workers in its factories in China and 50,000 in Vietnam, is also building a large manufacturing facility in Chittagong. Australian manufacturer Bonbon Shoe, a supplier to Hugo Boss, and Xen Chen and Genford of Taiwan, are also building footwear factories in Bangladesh. Apex- Adelchi also has a new factory that will soon start production. With an annual turnover of about $100 million, the Bangladesh-Italy joint venture is now the largest exporter of footwear. However, with a new joint venture factory, Blue Ocean Footwear, due to go into production by February 2011, Apex will get involved with a turnover of nearly $200 million of footwear export by 2013.

FG Shoes | Luxury intelligence technology

FG Shoes is changing its footwear technology today.Value, sustainability and consistency are now the themes moving their export.And these themes are also impacting shoes exporting for the 2013 Spring/Summer season.The authentic and natural remain in focus.They are individually interpreted with quality handmade leather shoes and a touch of competitive price point .

Product Materials

The intensity of the colours is influenced by the look of materials and their surface texture. Criteria here are lightness, softness and a natural feel. Against this background soft kidskin plus lamb and goatskin, especially nubuk and suede, are gaining significance. Surfaces feature typical scarring. Leather comes washed, roughened up or with a patina and has a very casual, authentic look as a result. Perforations and latticework provide ventilation on hot days. Playing a key role are here textile materials. Canvas and linen, often in combination with leather, come in an enormous range of washes, dyes and tie-dye effects. Influences from foreign exotic cultures are visible in python and lizard embossing. Next summer sees material mixes, though ones that are considerably more subtle in the way they are presented. Matt-shine effects are a key style medium.

Shapes

Well-being and wearability are the pre-requisites for contemporary and modern shoe fashion suitable for UK market .Last year customer valued remarks goes for fitting enter into a harmonious union.Following the trend towards casualisation focus on beautifully soft moccasins and casual top siders offered in unisex styles. ,dress shoes,boots and casual shoes still in a high demand from european customer.

With men's shoes sportiness is in demand across the board. The trend is heading for rounded lasts that are sometimes slightly domed in shape. Lace-ups and loafers feature an elaborate finish and often two-tone effects. Casual boots have also become a firm fixture in the shoe closet. Alongside mid-cut styles in canvas, desert boots in supple suede prove ideal companions for chinos and denim. Pale, mainly white soles and white laces exude summery freshness on sneakers and docksiders. Moccasins are the No.1 theme for underlining that casually sporty look. Materials and soles here have to be light, soft and flexible. After all, no man wants to dispense with comfort wherever they are.

FG Shoes offering EASYGOING casual and comfortable footwear to UK/USA/EU shoe retailers reflect that longing for nature and originality. 

Exploring leather Footwear market

Bangladesh is a potential land to grow Footwear & Clothing that is in search of exporting its huge number of products to Europe – UK & USA every year. 
FG Shoes is one of them has earned a reputation and good name & fame of producing higher segments product  by contribution of our dedicated expertise.we are capable to manage your full vertical demand with a short lead-time.
From our own Technical Team, we can up-grated your changes thru powertech solutions which is adding a new creation ever not found from Bangladesh.
   
FG has been in the shoe business since 1996,have been hand-crafting and lasting leather footwear and custom shoes for over twenty years.Today they are pleased to be able to offer international clients Old World quality and service.
                    
FG artistic philosophy is quite simple: build fine dress shoes,using only premium leathers and time-honored shoemaking techniques.The result is handsome footwear that fits better and becomes more beautiful with time.
                    
FG business philosophy is equally simple: provide every client exceptional, individualized service. Mindful of classics fashion currents, we help every customer examine and interpret his individual style. Our clients are Retailers,Chain store,Independent shop,Importers and stockies.
Superior craftsmanship is our main passion; superior service is our obligation to you.
•32000 sq.ft. Factory covered area ,Est.1998
•Maximum daily output 3500 pairs
•3 footwear production lines
•Employs a maximum of 360 workers at a time.
ABOUT PROJECTS,
Company undertakes bulk order , a medium quantity order from small to medium size clients, the wholesale price is truly low ,reason behind the gross margin per unit cost overhead produced is quite small,
Large quantity order usually means: over 5000 pr.
Company holding expensive skills of expert by yearly contract basis , the skills of mid to top level production people are partially italian & Indian citizen.the chain works almost by itself with (less expensive) labour cost involved and thats a key fact of low wholesale price making difference to any other shoe maker in Asia .