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Primark to invest 40 million euros in Portugal

International value fashion and lifestyle retailer Primark is ramping up expansion plans in Portugal with a 40-million-euro investment in the country. In a statement, Primark said it plans to open four new stores in four new cities, alongside extending its Colombo store in Lisbon, creating more than 500 new jobs. The plans coincide with Primark’...

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BusinessMember

Portuguese footwear industry looks to be an alternative to Italy

Portugal is looking to become a “strong alternative to Italy” for the footwear industry after announcing it will invest 600 million euros into the sector over the next few years. According to international consultancy EY Parthenon’s study, ‘The Footwear Industry’s Path to Luxury,’ Portugal could become a key player in the luxury footwear sector...

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