INDONESIA PRESS-Footwear exports seen falling this year-Investor Daily

Tue Jan 7, 2014 8:36pm EST

Indonesia's footwear exports in 2014 are expected to decline to $3.4 billion from last year's forecast of $3.85 billion as some factories have stopped production and the principals relocated factory outside Indonesia, said Eddy Widjanarko, the chairman of Indonesia's Footwear Association.

* Note: Reuters has not verified this story and does not vouch for its accuracy. ($1 = 12,237.5 rupiah) (Compiled by Rin Hindryati; Editing by Anand Basu)