SOUTH AFRICA: Footwear Tariff Proposals Create Unease
By just-style.com | 6 November 2000
The South African Footwear and Leather Industries Forum's application to increase the rate of specific duties on certain footwear tariff lines has been met with strong criticism from footwear importers whose stipulated six-week period for lodging objections is now drawing to a close.According to a notice published in the Government Gazette at the end of September, the forum has applied for an increase of tariffs on footwear with outer soles and uppers of rubber or plastics from 35 per cent or 30 per cent ad valorem or R5 per pair to 35 per cent or 30 per cent or R12.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
US: Management shake-up at Stride Rite
US footwear producer Stride Rite has announced changes at the top of its Saucony and Keds brands, effective immediately.
US: Stride Rite 2005 profit drops 4%, sales up 5%
Performance running shoe maker Stride Rite had a 4% decreased net income for financial year 2005 but net sales for the fourth quarter were up 13% compared to 2004 at US$131.7m.
USA: Stride Rite Corp Q3 Profit Jumps 24%
Third quarter profit at footwear maker Stride Rite Corporation rose 24 per cent to $7.7 million or $.21 per diluted share, reflecting the strength of its brands such as Keds and Sperry Top-Sider.