- In 1957 Mr. Sobhy Aboseda decide to establish a factory for shoes industry for classic shoes.
- In 1965 he inaugurated his first showroom in the most commercial are in Alexandria which is the biggest Seaport in Egypt.
- In 1976 Mr. Sobhy imported raw materials for shoes industry and he was the first to import Polyurethane from Italy.
- In 1986 Another showroom was inaugurated in the same area in Alexandria.
- In 1997 his sons "Wael" & "Hossam" with a third partner "Khalid" established a new company which called "Homy Company for Export & Import".