IBOV 168,531.37 ▲ 0.42% IPSA 11,272.79 ▲ 0.28% IPC MEX 64,436.38 ▲ 0.68% MERVAL 2,891,094 ▲ 0.58% COLCAP 2,439.29 ▼ 0.59% BVL PERÚ 58,380.78 ▲ 0.50% USD/BRL5.19▲ 0.23% USD/MXN16.96▲ 0.10% USD/CLP919.62▼ 0.19% USD/COP3,070▼ 1.17% USD/PEN3.35▼ 0.49% USD/ARS1,497▼ 0.02% USD/UYU40.21▲ 0.95% USD/PYG5,992▲ 1.19% USD/BOB11.42▲ 0.14% USD/DOP58.50▲ 0.76% USD/CRC446.30▲ 2.09% USD/GTQ7.62▲ 2.24% USD/HNL26.81▲ 1.60% USD/NIO36.62▲ 0.69% USD/VES775.47▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.71▲ 0.93% EUR/BRL6.05▲ 0.35% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 168,531.37 ▲ 0.42% IPSA 11,272.79 ▲ 0.28% IPC MEX 64,436.38 ▲ 0.68% MERVAL 2,891,094 ▲ 0.58% COLCAP 2,439.29 ▼ 0.59% BVL PERÚ 58,380.78 ▲ 0.50% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Brazil Business - Brazil

Major International Leather Goods Brands Suspend Purchases of Brazilian Leather

By · August 28, 2019 · 3 min read

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RIO DE JANEIRO, BRAZIL – More than eighteen international brands, including Timberland, Vans, and Kipling, have halted purchases of Brazilian leather due to news related to the burning in the Amazon region affecting agribusiness in this country, according to information from the Centre for the Brazilian Tanning Industry (CICB) sent to the Minister of the Environment, Ricardo Salles, on Tuesday, August 27th.

The brands did not request any suspension but sent a document to the tanneries, requesting a guarantee of traceability. He confirmed, however, that new orders may not take place before further clarification.
The brands did not request any suspension but sent a document to the tanneries, requesting a guarantee of traceability. New orders may not take place before further clarification. (Photo internet reproduction)
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“Recently, we received with concern the announcement of the suspension of purchases of leather from Brazil from some of the major importers in the world. This measure was taken based on how news related to the burning in the Amazon region is affecting agribusiness”, said José Fernando Bello, the president of CICB, in the document.

These are the brands that have already requested the suspension: Timberland, Dickies, Kipling, Vans, Kodiak, Earth, Walls, Workrite, Eagle Creek, Eastpack, JanSport, The North Face, Napapijri, Bulwark, Altra, Icebreaker, Smartwool, and Horace Small.

“We understand this situation very clearly. It involves a sort of misinterpretation about what really happens in Brazil and the work of the government and the private sector with the best practices in management and sustainability”, said Bello.

In the document, Bello also asks the ministry to pay special attention to the situation that the sector is facing, holding as “undeniable the demand to reduce damages to the country’s image in the foreign market when it comes to issues concerning the Amazon.”

To Folha de S.Paulo, Bello toned down his statements, saying that the brands did not request any suspension but sent a document to the tanneries, requesting a guarantee of traceability. He confirmed, however, that new orders may not take place before further clarification.

“Of course, as long as this is not clear, they will not place new orders,” he said. According to Bello, this question is rather common. He also said that Brazilian tanneries have national and international certifications that control such demands. In his assessment, this is just a measure to control a topic that is broadly discussed.

“It is nothing more than their concern because this topic is really hot in the market right now. So they wish for clarification to keep the orders going,” he said.

The president of the organization also said that the idea of the letter was to show the ministry that some sectors are being requested, in an international spectrum, to answer questions about issues involving the Amazon.

“To make them aware that there is a whole chain involved in this biome. It’s an organized chain, not a clandestine one. It is all documented. We [CICB] export eighty percent of Brazilian leather production.”

The Ministry of the Environment was contacted to find out if any action was or should be taken to reverse the suspensions, but so far there is no answer.

(Source: Folha de S.Paulo)

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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