Esteban Echeverría, Argentina – In the gloom of a vast warehouse in Argentina, the machines lying idle next to boxes of unsold merchandise represent the collapse of manufacturing under Argentine President Javier Milei.
Just three years ago, Kioshi employed nearly 120 people and produced 40,000 pairs of sneakers and flip-flops a month in the south of Buenos Aires.
Today there are just 14 workers turning out a quarter of that amount as Milei’s decision to throw open Argentina to global competition has left local manufacturing on the ropes.
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