Friday, October 22, 2010
Guess who's coming to Mexico? Payless Shoes!
Payless is looking to expand its international footprint and fill a need for low cost, fashionable shoes. In addition to opening stores in Mexico, the company also plans to open in Indonesia, Malaysia and Singapore.
The partnership will open 41 stores in the next 3 years, hoping to open around 300 over the long term. Grupo Axo is a good choice for Payless as they currently represent some very popular brands in Mexico: Benetton, Brooks Brothers, Brunelo Cucinelli, Coach, Emporio Armani, Etro, Guess, Marc Jacobs, Rapsodia, Thomas Pink and Tommy Hilfiger.