Nicaragua: Opportunity in Women's ShoesWednesday, June 4, 2014 North American entrepreneurs in the footwear sector have emphasized the advantages of the Nicaraguan industry as providers of high heel shoes for ladies. Surpassing China, Vietnam, Cambodia, Indonesia and Bangladesh and ranking below average in cost of quality leather shoes ($ 3.30 per pair), manufacturing soles ($ 0.43) and the development of a pair women shoes ($ 8.17), Nicaragua has become highly attractive as a destination for industry manufacturers and a candidate for a strong manufacturer and exporter of women's shoes. Manufacturing Opportunity for NicaraguaThursday, August 1, 2013 China is losing its cheap labor advantage, opening opportunities for growth in the manufacturing sectors of countries like Nicaragua. According to a report by Stratfor, a geopolitical intelligence firm based in Texas, "China's economic problems have opened the door to 16 different countries, including Ethiopia, Mexico, Indonesia and Peru, to become global forces in the growth of the manufacturing sector, "noted an article in Americaeconomia.com. The Footwear Industry in NicaraguaThursday, April 19, 2012 The company Footwear Distributors and Retailers of America sees great potential in Nicaragua for increasing their footwear exports to the U.S. market. In its annual prognostic report on the footwear industry, entitled ‘2012 Annual Footwear Sourcing Forecast’, Footwear Distributors and the Retailers Association of America (FDRA), said that Nicaragua is a "rising star" that has great potential to increase shoe exports to the U.S. |
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