• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Comme il Faut, the Argentine tango shoe brand that exported to the US and Japan, closes

FinanceInternationalInfobae40 s readAI summary
Image: Infobae

After 24 years in business, Argentine tango shoe brand Comme il Faut will close its store on Rue des Artisans in Buenos Aires on October 30. Its owners, Alicia and Raquel, announced the farewell with a thank-you message and a promotion to clear the last units. The firm exported to Japan, the United States and Europe and in 2022 sold about 15,000 pairs a year. According to Infobae, the closure comes amid falling consumption, higher dollar costs and a lack of competitiveness to export.

In 40 seconds

  • Comme il Faut will close its Buenos Aires store on October 30, after 24 years in business.
  • The brand exported to Japan, the United States and Europe and in 2022 sold about 15,000 pairs a year.
  • According to Infobae, the closure stems from falling consumption, dollar costs and a lack of export competitiveness.
Read the full story at Infobae

IASummary generated by artificial intelligence from a story by Infobae. It may contain errors: the original source prevails.

Comments

Be respectful. Comments reported by several people are hidden until a moderator reviews them.

You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.

    Keep reading