Paiho expects boost from Tokyo Olympics - sportstextiles: Lea SportsTextiles

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Paiho expects boost from Tokyo Olympics

24/07/2019
Paiho Group, a Taiwanese manufacturer of footwear accessories including shoes laces, elastic tapes and hook-and-loop systems, has said its new factory in Vietnam will begin mass production next month. 

The facility, located in an industrial park on the outskirts of Ho Chi Minh City, will increase the company’s output in the country by 20% once fully operational. 

It has been established to meet growing demand in the region for Paiho’s products. The company said demand is expected to be further boosted by the 2020 Summer Olympic Games in Tokyo, for which many brands will release new shoe designs. 

Paiho’s major customers include adidas, Nike, Under Armour, New Balance, Reebok and Puma.

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