Consequences on production and employment

As detailed in the “Scenario Analysis” event, in the first nine months of this year, there was a 30.9% retraction in footwear manufacturing, compared to the same months of 2019. The estimate for the entire year, is that the industry contracts 25%, taking into account a rebound in the final months of 2020, according to Priscila Linck -Markets Intelligence Coordinator of the association-. She added that there were 208 million fewer pairs that were stopped producing, as a result of the contraction registered to September.