Fortunato Frederico
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Bio
He heads the largest Portuguese footwear group, Kyaia, which owns Fly London, the eighth best-selling shoe brand in the world, and the Foreva multi-brand chain.
He has dedicated his entire career to this sector: he started at the age of 14 sweeping up at the Campeão Português shoe factory, going on to open his first factory in 1976. Eight years later, in 1984, he founded Kyaia with his partner Amílcar Monteiro. The initial staff of 50 eventually grew to almost 600, and today the group has five factories and over 80 stores in 57 countries. Operating in a sector that has been experiencing a rebirth, the Kyaia group broke its seventh consecutive export record in 2016, with over 81 million pairs of shoes exported. Its corporate group has diversified its business by entering distribution and information technology. Fortunato Frederico was President of the Portuguese Footwear Manufacturers' Association (APICAPS) for 18 years, a position he did not stand for again in the April elections. He was born in Guimarães in 1943.
He has dedicated his entire career to this sector: he started at the age of 14 sweeping up at the Campeão Português shoe factory, going on to open his first factory in 1976. Eight years later, in 1984, he founded Kyaia with his partner Amílcar Monteiro. The initial staff of 50 eventually grew to almost 600, and today the group has five factories and over 80 stores in 57 countries. Operating in a sector that has been experiencing a rebirth, the Kyaia group broke its seventh consecutive export record in 2016, with over 81 million pairs of shoes exported. Its corporate group has diversified its business by entering distribution and information technology. Fortunato Frederico was President of the Portuguese Footwear Manufacturers' Association (APICAPS) for 18 years, a position he did not stand for again in the April elections. He was born in Guimarães in 1943.
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