Chinese footwear group expansion rolls ever onward - leatherbiz: Leadi Leatherbiz

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Chinese footwear group expansion rolls ever onward

29/10/2003

China’s Kangnai footwear group says it is expects to more than double its export turnover for the full year 2003, to $8 million.

 

In a statement, company president Mr Zheng Xiu Kang, said export sales were already running at 100% above year-before levels and that he expected the group’s speciality shoe stores to total 100 by the end of 2005.  The company opened its first branded outlet in January 2001, reaching 70 by the beginning of this year, with outlets in Rome, Milan, Paris, Madrid and New York.

 

Mr Kang also revealed the firm has plans to establish extra trading companies in the US and Italy.



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