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Pavers to set up footwear design studio

CHENNAI: The Mauritius-based Pavers Foresight Smart Ventures (PFSV) is setting up a footwear design development studio in Ambur, near Chennai, Stuart Paver, President and Chief Executive of Pavers Foresight, said. PFSV is a 50:50 joint venture between the London-based Foresight Group and Pavers Ltd., a U.K.-based footwear retail company. Mr. Paver said PFSV would invest $3 million in the design studio. — Corporate Reporter

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