Home / Knowledge / News / Apparel/Garments / Sonae expands into Spain with new stores
Sonae expands into Spain with new stores
26
May '10
Since the beginning of the year, Sonae has increased its presence in the Spanish market with the opening of 11 new stores of the following brands Zippy (children and bab~ clothing), Worten (white goods and consumer electronics) and SportZone (sports equipment and clothing).

It is forecast that in 2010 the store numbers of Sonae SR in Spain will grow by about 45 units, to make a total of 83 stores in the Spanish market.

These three Sanae SR formats have shown very positive growth, already generating turnover of 144 million Euros in 2009, compared to 30 million Euros in the previous year.

This growth reflects the strategy of aggressive international expansion of Sonae, running formats, which are highly distinctive, have a clear competitive advantage compared to the incumbent competition and have increasingly improved the level of their profile and recognition among consumers.

The stores are located across the whole of Spain in cities such as Benidorm, Valencia, Murcia, Barcelona, Zaragoza, Talavera de la Reina and Torrejon de Ardoz.

Sonae

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search