Argentina’s footwear industry is losing one of its landmark manufacturing plants. Brazilian footwear company Dass, which produces brands including Nike, Adidas, Umbro and Asics, will permanently shut its factory in Eldorado, Misiones — the last plant producing Nike sneakers in Argentina. 

The closure will leave the factory’s remaining 150 employees without jobs.

The company said production will cease between July 17 and 24, and that it will pay full severance to all affected workers. 

Industry sources said the decision reflects a lack of demand for local manufacturing and a shift in the sportswear companies’ supply strategy, with the Argentine market to be supplied from factories in Brazil instead.

Despite ending manufacturing operations, Dass will maintain a presence in Argentina. The group will keep its commercial offices in Buenos........

© Buenos Aires Herald