The upcoming EXPOCAIPIC in October is canceled and will return in May 2024
CAIPIC, the Argentine Chamber of Industrial Suppliers for the Footwear and Manufactured Goods Industry, announced that their next event, originally planned for October 24th, 25th and 26th, 2023, for the Autumn-Winter 2024 season, has been suspended (EXPOCAIPIC organizes two editions per year: May and October). As a result, the next fair will take place in May of the following year, 2024.
Among the main reasons for the suspension of this edition is the current instability in the country, exacerbated by high inflation, which has led to price volatility during the election period that will determine the new president taking office in December 2023.
Directors from the organizing entity justified the decision due to the current political situation, which has created strong and growing uncertainty throughout the entire production chain of the sector, similar to that of other industrial and commercial activities in general throughout the country.
CAIPIC's statement indicates that the measure was taken "to preserve the interests of its members and the institution, as it cannot ensure the usual framework for the customary exhibitions that characterize us."
In its considerations, it adds that the decision is for the benefit of all, in a particular time of high instability and uncertainty. However, it hopes for a swift normalization of the country, allowing for favorable business conditions and growth for the next supplier event in May 2024. There, EXPOCAIPIC will fulfill its essential service function by bringing all the new proposals for materials, components, and technology to the manufacturing sector.
In response to this situation, SERMA in print and digital editions will maintain its release date of October 23rd, dedicated to the Autumn-Winter 2024 season. It will feature a complete selection of the upcoming designs, including all the innovations from participating suppliers. This will allow new leathers and materials, soles, components and accessories, along with technology, to be showcased and offered to footwear manufacturers awaiting this essential fashion service.
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