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Footwear retailing event to discuss TPP

There is cause for optimism in the footwear retailing market as the second Global Footwear Retail Conference (GFRC) in Hong Kong approaches.
Under the Trans Pacific Partnership (TPP), which aims to ease investment between 12 countries across the Pacific rim, there is an indication that the trade deal will start to chip away at the high tariff rates for footwear.
An estimate by the Footwear Retailers and Distributors of America puts the tariff savings as high as $450 million in the first year of the deal.
Apart from discussing global trade and the impact of, the TPP, the conference will examine consumer trends, with a focus on millennials, and highlight the latest developments in footwear eCommerce.
At the end of this month, GFRC brings together international executives and senior stakeholders from the footwear supply chain. Last year’s conference attracted more than 100 key footwear retailers to Hong Kong to discuss critical issues facing the retail industry. The focus was the two largest footwear markets, the US and China, with a combination of keynote lectures and panel discussions. The year, the introduction of the TPP deal and the advent of cross-border platforms in China are likely to be on the agenda.
Attending the conference will be the representatives of two major trade associations – Italian Footwear Manufacturers’ Association GM Tommaso Cancellara, and French Footwear Federation VP Claude Paquin.
Keynote speaker Jayne Esteve Cure, the founder of Jayne Fashion Agency, will share her perspective on the millennial consumer and trends such as mass customisation and one-to-one retailing.
Luxury product-sourcing company Lambert + Associates has confirmed its participation in the panel about consumer trends. Also participating in the GFRC will be marketing director Carson Liu of China’s foremost women’s shoe retailer Belle International.
Registrations are open for the GRFC, to be held concurrently with Fashion Access and APLF – Materials, Manufacturing and Technology 2016 at Hong Kong Convention and Exhibition Centre on March 31.

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