The world's largest Global Brands shoe retailer in 2013 will work closely on development on the African continent. The company is already in search of partners in local markets that will become distributors of brands such as Puma, Reebok, Asics, Adidas and Nike analpa.ru reports. Note that in South Africa, Global Brands has already opened an additional office.
The giant's interest in this market is understandable. According to expert estimates, the sports footwear market will grow to $ 2018 billion by 84,4. Its annual growth rate is on average 1,8%, while Africa is given higher forecasts - at 7%.