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Leather bags and shoe prices may rise

Leather bags and shoe prices may rise
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Prices will definitely increase by a minimum of 5% in wholesale and in retail by on average 3%. The move will also make domestic manufacturers uncompetitive in the global market where we have strongly positioned ourselves, said Dilip Kapur, founder and president of Hidesign the Pondicherry-based premium leather goods maker.
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The basic customs duty of 10 per cent has been put on wet blue chrome tanned leather, crust leather, finished leather of all kinds, including splits and sides from nil duty.
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NEW DELHI: Prices of premium and branded leather shoes and bags may go up by up to 5% next fiscal after finance minister Nirmala Sitharaman imposed import duty on raw and finished leather by 10%. This will also impact exports, said companies. ....

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Global Kids Shoes Market 2020 Size, Share, Analysis, Demand, Growth Driver and Industry Segments by 2025

Global Kids Shoes Market 2020 Size, Share, Analysis, Demand, Growth Driver and Industry Segments by 2025
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