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Apex Footwear launches its 1st international outlet in Nepal

Apex Footwear, the leading Bangladeshi footwear manufacturer, retailer and exporter, has launched its first international outlet with a local distributor in Kathmandu, Nepal.

“Venturini” a product line of Apex Footwear outlet was launched in Nepal, while the brand is conducting market studies in Sri Lanka and Bhutan to open outlets.

apex-footwear-Nepal-outlet
Figure: Consumers in Nepal can now enjoy the exclusive collections offered by Venturini along with Apex’s other labels. Courtesy: Collected

Consumers in Nepal can now enjoy the exclusive collections offered by Venturini along with Apex’s other labels – Maverick, Sprint, Moochie, Nino Rossi, Sandra Rosa, and an extensive range of accessories from globally renowned brands Cross and Police, said Apex in a Facebook post.

“The next market will be in Asia. So, we started to enter the international market through the launch of the first outlet in Nepal,” said Syed Manzur Elahi, Chairman, Apex Footwear.

“We will explore the market in South Asia at first. Then we will go outside of this region within the next 10 years. Gradually we will open outlets in Myanmar and Thailand,” Elahi said.

“The reply to our store and Venturini brand in Kathmandu has been very heartening.”

Syed Nasim Manzur, Managing Director, Apex Footwear

Apex is present in all key export markets with major shoe retailers in Europe, North America and Japan. With around 15% of the leather footwear export from Bangladesh.

Syed Nasim Manzur, Managing Director said, “The reply to our store and Venturini brand in Kathmandu has been very heartening.”

Manzur added, “Nepalese consumers have been exposed to global brands and appreciated our high-quality leather and workmanship. They are also keen on a sophisticated and engaging retail experience which we try to deliver. All in all, we are very proud and hopeful about our journey in the land of the Himalayas.”

“Apex also plans to launch outlets in Delhi and Mumbai in the first half of next year. Not only in South Asia, but we are also looking to enter the markets of the Middle East,” said Chief Executive Officer Rajan Pillai.

(Source: The Daily Star)

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