Top American footwear
store, Payless ShoeSource is set to open seven shops in the
The new investor in the country will not only bring quality products but also an opportunity for Filipinos.
“The expansion in the Philippines marks the next stage of the group’s international growth, which will also expand the number of stores it operates in the Middle east and open in Russia next year,” said chief executive officer Mathew Rubel of Collective Brands Inc., owner of Payless ShoeSource.
Rubel added that one of
the reasons that they chose
“When we look at the consumer in that marketplace, and we look at the competitive set, we don’t believe that anybody is delivering style, price and quality, and so we believe that there’s a unique opportunity for this to be a material business,” Rubel said.
Payless ShoeSource will be supported by its local partner Store Specialist which manage 72 brands and 340 stores in the country including famous brands like Gucci group, NV and Zara.
Rubel continued that the
Philippine market might support as many as 80 stores. Aside from the
Quick & Easy Application
Get Hired by Top Employers