US EditionJohn Foos Will Close His Plant in Argentina and Import Sneakers From Asia: What Will Happen to Employees
8 Articles
8 Articles
The traditional footwear brand decided to close its factory in Beccar, in San Isidro, where 50 people work
After four decades of national manufacturing, John Foos announced the closure of his factory in Beccar to lower costs through a new business model. The renowned brand of shoes John Foos announced the definitive closure of its industrial plant in the Buenos Aires town of Beccar after 40 years of productive activity. The business decision marks the ... The John Foos shoe factory announced the closure of its factory in Beccar Read more »
The historic brand of shoes John Foos, an emblem of urban footwear founded in the 1980s, decided to finish the production at its plant in the town of Beccar, in the San Isidro party, to turn full to a business model based exclusively on the import of finished products from China. In 2019 the company tried to settle in La Pampa, but finally its landing did not succeed. The dismantling of the factory, located on 700 Neyer Street, was not an isolat…
After months of reviewing its productive model, the iconic brand of Argentine urban slippers John Foos begins to import.The brand was able to manufacture at its Beccar plant in Buenos Aires, almost a million sneakers and sell them at affordable prices in an Argentine market where similar imported brands -like the All Star- cost twice as much.More than 40 years of history made John Foos go through the most opposite economic scenarios.
The iconic sneaker brand is abandoning its domestic production and permanently shutting down its machines in Buenos Aires to transform itself into an import-based model. This change translates into layoffs, negotiated retirements, and a drastic reduction of its local operations. The shift not only marks the end of an era for a landmark company but also highlights the tangible impact that the trade liberalization policies promoted by Javier Milei…
The historic rich national brand discontinue local production by the end of April and advance in a restructuring process that includes layoffs and a change of business model.
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