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Friday, May 20, 2022

There’s no business like shoe business

 There’s no business like shoe business

shoe business

The shoe manufacturing industry is one of the ancient and major industries of Pakistan which produces high quality finished products and has a greater potential to grow. Whether it be to capture skills and expertise they feel is lacking from in their business, to gain a greater foothold in a specific geographical market, or to simply boost their revenue, companies and fashion groups have realized how beneficial adding a footwear brand to their portfolio can be for example, Michael Kors is one group with ambitions to become a global luxury powerhouse. Its first move was into footwear. At the end of 2017, it bought UK based luxury shoe brand Jimmy Choo for around $1.35 billion as it believed incorporating Jimmy Choo would give the group “greater exposure” in global markets.


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