Financial Times FT.com

Manufacturing: Shoe industry shuffles its resources

By Peter Wise

Published: March 20 2006 16:04 | Last updated: March 20 2006 16:04

Over the past five years 13 foreign shoe companies, including big international groups such as Britain’s C&J Clark, have closed plants in Portugal, leaving more than 5,000 people out of work. 

Their departure for lower-cost locations in Asia and eastern Europe dealt a heavy blow to small northern towns such as Felgueiras and Santa Maria de Feira, the heart of the Portuguese footwear industry, which accounts for almost 5 per cent of the country’s total exports and 6.5 per cent of manufacturing jobs.

Portugal, Algarve

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