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THE RETURN OF MULTINATIONALS

With the change of paradigm in the shoe sector – regular buys of smaller quantities decreasing the risk of stocks, proximity to final markets, compliance with EU social and environmental norms – multinationals are returning to Portugal.

What they are finding here is innovation, quality, highly skilled labor and a flourishing industry that exported €1,7 billion in 2013 and has been registering annual growth rates of 10% in the last few years.

That’s why Ecco’let Portugal (€15 million), Gabor (€2.5 million) and ARA (€3.5 million) are expanding their operations in Portugal.

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