TOPICAL PHILIPPINES
People
TORIBIO TEODORO
27 April 1887 to 30 Auguat 1965
Toribio Teodoro was known as the "king of Filipino shoes".
Teodoro was the son of poor parents from Tondo. Barely 12-years-old, he began working in a cigar factory. He gave up his job to start a business enterprise with his friend, Juan Katindig. In November 1910, they opened a small shop at 821 Calle Cervantes (now Rizal Avenue) that sold shoes and slippers bearing "Ang Tibay" brand.
The two friends' profitable partnership ended in 1921, when Katindig decided to venture into a new business. With his share of their earnings, Teodoro established his own "Ang Tibay Footwear Factory" in 1922. Under his efficient management, the firm metamorphosed, 10 years later, into one of the biggest enterprises in the Philippines. By 1930, Ang Tibay was producing 1,000 pairs of shoes daily. By the early 1950s, Ang Tibay's production rate was up to 3,000 pairs of shoes daily; making it the country's leading footwear manufacturer at that time.
The great success of Ang Tibay Shoes also enabled Teodoro to branch into other enterprises including the Manila Grand Opera House, and six other movie houses.
Birth Centenary (pus +1) #1924 and 1925, 27 Apr 1988
Business Cover ANG TIBAY
Air Mail: MANILA to USA, 18 August 1948
Single Air Mail rate to USA : 80c for 15grams
__________________
Government and Business
Arts & Science
Independence
Other Groups