Friday, October 22, 2010

Guess who's coming to Mexico? Payless Shoes!

Payless Shoes announced this week that it will begin expansion into Mexico late next year by partnering with Grupo Axo, based out of Mexico City. 

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.

1 comment:

  1. YAY!!! Oh my gosh, I have to find out if they'll be in Cancun!