OPENING OF the Converse store in Norman Centre yesterday is being seen as a sign that foreign investors still have confidence in Barbados’ economy.
Speaking moments before the footwear and apparel retailer opened to the public, president of the Barbados Chamber of Commerce and Industry Lalu Vaswani said such investments illustrated to investors, especially those overseas, that Barbados was still a stable economy in which foreign companies can invest.
He said the company’s story resonated in more ways than one with the Bridgetown, Barbados brand.
“Like Converse, the business community in Barbados, and Bridgetown particularly, experiences periods of prosperity and periods of subsistence,” he said, noting that while other brands and economies collapsed under the periods of uncertainty, both Converse and Bridgetown stayed the course and overcame the hard times. (NB)
