Home >

Shoe Industry Winter: North And South Korea Join Hands To Win The Battle Alone, Taiwan Businessmen Die Faster

2007/12/10 0:00:00 10592

Taiwan

"Now shoes factory makes NIKE shoes, the profit is less than eight percent, and a bunch of factories rush to do it", and the market supply exceeds demand. The shoe factory in Taiwan is facing unprecedented challenges of "internal and external troubles". It is estimated that there are more than one hundred shoe factories that are closing down in Dongguan this year. Zhang Shixin, chairman of Dongguan Xinqiao shoes industry, said that 48 of Edida's orders are now placed in Dongguan, which will be reduced to 28 next year. The order will be spanferred to India and Indonesia, forcing Taiwan businessmen to set up factories, or else they will lose orders, just as the Taiwanese merchants moved to the PRD with orders. Puma (PUMA) moved the focus of production to Vietnam. At present, Wan bang and Fengtai two Taiwanese shoe making groups have set up factories on the east coast of India, and Yuyuan and other factories have set up factories in Vietnam and Jiangxi. Women's shoes have long been replaced by mainland factories. Apart from the Daphne, the export market is mostly looted. What worries Taiwanese businessmen more is north and South Korea. After talks between Roh Moo-hyun and Kim Jong-il, he decided to set up a special economic zone in North Korea. South Korea is going to move the shoe factories in the mainland and Southeast Asia here. The land and workshops are prepared by North Korea, and South Korea has capital and technology. Zhang Shixin said, this is very terrible, South Korea made shoes earlier than Taiwan, early NIKE and other factories were first made in South Korea, and later moved to Taiwan; South Korea's technology, EVA ejector and mold are all better than Taiwan; with North Korean workers earning less than four dollars a month, they are 1/3 or even 1/4 of the Pearl River Delta. North and South Korea joined hands, and the footwear industry in the Pearl River Delta region died faster. The fast moving shoe traders in Taiwan have gone to North Korea to see the goods, and the shoe factories are watching. The Taiwan funded footwear industry in the Pearl River Delta will face a bloody road in the face of internal and external troubles? Zhang Shixin said, "this is very hard. "Raw materials are soaring and customers are losing profits. It depends on whether the factory's capital and technology can survive this difficulty.
  • Related reading

Adidas Rushed Out Of The Starting Line.

Global Perspective
|
2007/12/9 0:00:00
10339

Croatia To Invest In Garment Leather Industry

Global Perspective
|
2007/12/8 0:00:00
10320

Valleverde Brand Story

Global Perspective
|
2007/12/8 0:00:00
10424

Pakistan And Malaysia Sign Closer Economic And Trade Cooperation Agreement

Global Perspective
|
2007/12/8 0:00:00
10318

Vietnam Nike Factory Workers Strike For Wage Increase

Global Perspective
|
2007/12/6 0:00:00
10494
Read the next article

Shoe Industry Winter: Moving Back To Taiwan? Think Too Much.