I admire diversity very much and am very glad to see so many countries come to the horizon to promote welted shoes.
Ibex is from Pakistan which is not regarded developed, so the labour cost should be an advantage. All the shoes are handwelted and handstitched, heels are stacked. Price is 200 USD including international delivery. It is good price indeed!
I have two concerns, one is the fineness of the craftsmanship, the other is the leather quality, both affects the willingness how long and how often you will wear them.
Let us check its models.
When I look at the shoes from remote countries, I am not looking for cheaper options, but to know their styles.
My experience is they all target to low cost but not high quality product.
Ibex loves Italian long lasts and put on its iconic colours, some desings are not bad at all.