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Payless Air Max 24-7 shoe store chain, which owns the U.S. Footwear Group CollectiveBrands executives said the group in Indonesia next year will open 15 franchise stores, and large manufacturing operations will be moved from China, the largest economy in Southeast Asia. CollectiveBrands manufacturers in Indonesia have started to purchase in order to reduce the cost of rising dependence on China. ? CEO Matt Rubel (MattRubel), said the company expects a steady increase shipments of subcontractors in Indonesia in 2015 reached 12 million pairs. "China has been a cheap one-stop shopping utopia utopia ... ... but never last long," Rubel accept the British "Financial Times" interview. "Today we must do more, in all places possible redeployment." China's output now accounts for about 80% of the share, Rubel will be reduced in the next two years, about 70%, then dropped to around 60%. CollectiveBrands in 2009, sold nearly 170 million pairs of shoes, income 33 billion. Nike, the world's largest footwear brands (Nike) 90's of last century has been the production points from China, Vietnam and Indonesia shared. However, over the past three years, China's share also declined slightly, and now Vietnam, 37% of its sales in China accounted for 34% and 21% in Indonesia. NewBalance and Edidasi (Adidas) purchase from Indonesia every year millions of pairs of Air Max 2009 shoes. Such a move as CollectiveBrands there can be more than this year to help Indonesia, Vietnam, to become world's second largest after China's shoe-making power. CollectiveBrands in the United States operates 4,500 Payless stores, in October of this year reached a franchise agreement with PTMitraAdiperkasa. Company Secretary FettyKwartati said the first stores in Indonesia in the second quarter of 2011 in Jakarta and Bali's Denpasar opened. The company also plans to Nike Air Max shop in Malaysia and Singapore. Indonesia's manufacturing sector in the 1997-98 Asian financial crisis was almost completely destroyed, and now weight was alive. The country's economic growth rate of 6%. Shoe production back to pre-crisis levels. Indonesia's Investment Coordinating Committee, Xi Jita ? Via million (GitaWirjawan) said that in 2010 Indonesia will produce 300 million pairs of shoes, value 2 to 2.5 billion U.S. dollars.
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