El Corte Inglés accelerates international growth of its subsidiary chain, Sfera

Sfera, the fashion chain owned by the Spanish department store group El Corte Inglés, opened 28 stores outside Spain last year, expanding the chain’s international retail network from 346 to 367 locations, primarily through franchising.

547 stores worldwide

Sfera, which opened its first stores in 2002, has been fully integrated into El Corte Inglés’ retail division since 2020 and has therefore not published separate financial results since then. The annual report does, however, provide more information about the fashion chain’s expansion. It shows that Sfera is growing primarily outside its home market.