PORTUGAL: Footwear Industry Posts Q3 Growth
Footwear industry output in Portugal has grown six per cent in the third quarter of 2003, the Portugese Footwear, Components and Leather Goods Manufacturers' Association (APICCAPS) has reported. According to association chairman Fortunato Frederico, the growth, based on that recorded in the previous five consecutive quarters, is up despite the number of companies reducing output continuing to exceed those that increased it.