{"id":208019,"date":"2026-03-06T21:49:57","date_gmt":"2026-03-06T21:49:57","guid":{"rendered":"https:\/\/teknomers.com\/en\/a-single-company-aims-to-acquire-20-of-all-footwear-manufactured-in-mexico-to-compete-with-china\/"},"modified":"2026-03-06T21:49:59","modified_gmt":"2026-03-06T21:49:59","slug":"a-single-company-aims-to-acquire-20-of-all-footwear-manufactured-in-mexico-to-compete-with-china","status":"publish","type":"post","link":"https:\/\/teknomers.com\/en\/a-single-company-aims-to-acquire-20-of-all-footwear-manufactured-in-mexico-to-compete-with-china\/","title":{"rendered":"A Single Company Aims to Acquire 20% of All Footwear Manufactured in Mexico to Compete with China"},"content":{"rendered":"\n
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## Challenges Facing the Mexican Footwear Industry<\/p>\n

The footwear industry in Mexico is currently navigating troubled waters. This vital sector generates tens of thousands of jobs, attracts substantial investments, and is primarily centered in Guanajuato, its main bastion. However, the market’s landscape is heavily influenced by intense competition from Asia, particularly China. Consequently, the local industry has faced setbacks and job losses, remaining far below its production capacity.<\/p>\n

## A Game-Changing Investment<\/p>\n

In a surprising twist, Grupo Coppel, a major player in the Mexican economy, has stepped in to address the challenges plaguing the industry. This holding company, which announced plans to invest nearly $700 million in Mexico for 2025, is poised to make a significant impact by purchasing 20% of all footwear produced in Mexico. Specifically, Coppel plans to acquire 42 million pairs of shoes in 2026, marking an increase of one million pairs compared to 2025.<\/p>\n

### Strategic Alliance for Growth<\/p>\n

This ambitious initiative is part of a strategic alliance formed with the Chamber of the Footwear Industry of Guanajuato (CICEG). This partnership aims to bolster the livelihoods of over 100,000 families who directly depend on the footwear industry in the region. Juan Carlos Cashat, president of CICEG, emphasized that this collaboration fosters growth and strengthens the sector under principles of legality and transparency.<\/p>\n

## The Importance of “Made in Mexico”<\/p>\n

Despite fierce competition from countries like China, Mexico remains a notable player in the global footwear market. Recent statistics position Mexico as the tenth largest producer worldwide and second in Latin America, following Brazil. In 2024, production reached approximately 214 million pairs, significantly contributing to the national GDP and sustaining thousands of jobs.<\/p>\n

### The Aftermath of the Pandemic<\/p>\n

The pandemic’s impact on the footwear sector was severe, with registered jobs dropping from 64,000 before 2020 to just 49,000 during the crisis. While the situation has seen some improvement, the industry struggles to return to full capacity due to ongoing market fluctuations and competition from low-cost Asian products.<\/p>\n

## Government Support Initiatives<\/p>\n

In response to these challenges, the Mexican government has initiated various supportive measures. Recent data indicate a rising trend in imports, which reached 185.5 million pairs in value. However, the government is actively investigating unfair pricing practices and has imposed compensatory duties on shoes imported from China.<\/p>\n

Additionally, a Textile and Footwear Promotion Plan has been introduced to inject $6.5 billion to enhance the industry’s competitiveness and revive around 50,000 lost jobs.<\/p>\n

## An Optimistic Outlook for the Future<\/p>\n

Despite facing a daunting array of challenges, the outlook for Mexico’s footwear industry is gradually becoming more positive. CICEG has noted signs of recovery in both employment and production capacity. Furthermore, a marked decrease in imports from China indicates that the local sector is beginning to compete more effectively on a global scale. <\/p>\n

As Grupo Coppel’s bold move sets the stage for revitalization, the Mexican footwear industry could be on the cusp of a significant rebound, reshaping its role in the international market.<\/p>\n<\/div>\n


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General News – 2<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

## Challenges Facing the Mexican Footwear Industry The footwear industry in Mexico is currently navigating troubled waters. This vital sector generates tens of thousands of jobs, attracts substantial investments, and is primarily centered in Guanajuato, its main bastion. However, the market’s landscape is heavily influenced by intense competition from Asia, particularly China. Consequently, the local […]<\/p>\n","protected":false},"author":1,"featured_media":208020,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36399],"tags":[20694,23530,2397,541,1829,25608,37481,7396,6305],"class_list":["post-208019","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-acquire","tag-aims","tag-china","tag-company","tag-compete","tag-footwear","tag-manufactured","tag-mexico","tag-single"],"_links":{"self":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/208019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/comments?post=208019"}],"version-history":[{"count":1,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/208019\/revisions"}],"predecessor-version":[{"id":208021,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/208019\/revisions\/208021"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media\/208020"}],"wp:attachment":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media?parent=208019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/categories?post=208019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/tags?post=208019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}