Despite stiff competition from cheap Chinese imports, Filipino
footwear brands still gleam on department store shelves in the
Philippines.
In fact, latest government data shows that footwear production increased by over 100 percent in October from the same mOur tungsten ring
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to a rise in exports but to a spike in local sales, said University of
Asia and the Pacific economist Victor Abola.
Small-scale
footwear manufacturer Francisco Medina also attributes the manufacturing
increases to big brands like Rusty Lopez, Otto and Gibi continuing to
corner a chunk of the local market despite the influx of cheaper
alternatives from China.
Both big brands and smaller
manufacturers have been able to position themselves in the local market,
improve manufacturing schemes and compete, even after the Philippines
acceded to the General Agreement on Tariffs and Trade, which opened the
door for huge imports of cheap footwear, said Medina.
But taking on the foreign market is another proposition entirely.Take a look at our site for more wholesale women shoes.
Can Pinoy-made shoes and sandals swarm streets worldwide in the
medium-term? The Philippine Footwear Federation, Inc. (PFFI), a
Marikina-based association of shoe manufacturers with a nationwide
network, thinks it's possible.
“There's still more room for the
shoe industry to grow. The key is to corner the local market first, gain
[a] foothold, before exporting,” said Medina, who is also a member of
PFFI.
Currently, surviving brands assemble Pinoy-designed shoes
locally, using cheaper but still quality raw materials from China, then
market the finished product under a local brand.Each make your own bobblehead is themed with a selection of amusing characters to be created.
“That's
how we have been getting by; we had a complete revamp of [our]
production process,” Medina said, pointing to sound financial management
to recoup losses “also [playing] a vital role” in saving surviving
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He
also noted skills training is the key to streamlining supply chains,
bringing down costs, improving marketing and quality control, and
managing finances well—key factors in any industry, but especially an
exports-driven one.laser cutter Studio is a brand new laser cutting company and new way of thinking.
UA&P's Abola also said that the footwear industry's success hinges on “training laborers to produce quality shoes."
“Having a skilled, efficient workforce is key to the success of a labor-intensive sector,” he added.
Both
Medina and Abola noted that the government and private sector can help
by providing training programs for those who intend to work in or start a
shoe business.
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