VALLEVERDE HAS NOW A GREAT PARTNER IN KOREA.

A very important agreement has been signed, on Tuesday, May 22nd, by Valleverde S.p.A. and the Korean Group Kumkang.
This far east Company has been leader in the production and distribution of footwear for three generations. Kumkang Group, specialised in comfort shoes, produces 5 million pairs of shoes every year and distribute them through a chain of 400 shops in franchising and 100 shops directly run by the Company.
According to this agreement the Korean Group will buy, every season, from Valleverde, the footwear to be distributed in their points of sale and at the same time, will be able to produce shoes with the Brand Valleverde, under the supervision of Valleverde technicians. These shoes produced in Korea will be distributed in that very Country only.
According to Armando Arcangeli, President of Valleverde S.p.A. Kumkang Group is the ideal Company to perform, at best, the concept of “comfort shoes” on which the great success of Valleverde Brand is based. Thanks to Kumkang’s important chain of distribution this agreement will grant Valleverde a very big turnover since from the beginning.
Talking about figures in Korea about 50.000 pairs of shoes “made in Italy” will be sold every year in addition to 100.000 pairs (in two years) made by Kumkang under the supervision of Valleverde.