Upper Austrian shoe manufacturer “Shoe Fashion Group” invests
August 2nd, 2007 in Austrian Business
The shoe manufacturer “Shoe Fashion Group” from the Upper Austrian town of Taufkirchen expands its shoe-empire in record time.
New shops should rise, and also the original company building should be extended.
The group made an increase in turnover by 23 percent last year. This means from 51 mio EUR to 64 mio EUR.
New shoe shops should rise in the Eastern part of Europe. There should be 10 Högl shops in Russia, one in Budapest and another one in Bratislava.
Russia is the most important market after Austria and Germany. The Shoe Fashion Group is 100 percent in family property. 1,6 mio shoes were produced last year.

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