COFIDES has granted a €100,000 loan to Flordeasoka to support the brand's expansion into the French market by establishing a flagship store in Paris.
Information on the Target
Founded in 2018, Flordeasoka is a small to medium-sized enterprise (SME) specializing in artisanal footwear, focusing particularly on wedding and guest shoes. The company's designs are conceived and manufactured in Spain, emphasizing timelessness, comfort, and customization. Flordeasoka has successfully established a presence in 15 countries, employing a team of 22 women, indicative of its commitment to both craftsmanship and community.
Industry Overview in Spain
The footwear industry in Spain is a vital component of the European market, known for its rich tradition of craftsmanship and innovation. Spain is recognized as one of the leading countries in shoe production, with significant exports to various international markets. The demand for specialized footwear, such as wedding shoes, has been steadily increasing, driven by ongoing trends in personalization and bespoke fashion.
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As competition in the European footwear market intensifies, Spanish companies are leveraging their unique design heritage to carve out distinct niches. The rise of e-commerce has further enabled these SMEs to reach wider audien
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Disclosed details
Transaction Size: $107M