Desigual turnover grows nearly 20 % | RetailDetail

Desigual turnover grows nearly 20 %

Desigual turnover grows nearly 20 %

Spanish fashion chain Desigual's turnover has grown 19.3 % in the first 9 months of 2014, to 740.6 million euro, mainly thanks to the brand's extensive expansion.

Fewer bright colours

Desigual opened another 71 stores in that time frame, bringing the total in September to 475 worldwide. To reach that huge market, it has decided to lower the amount of bright colours and patterns, its trademark up until now.

 

The Spanish brand has launched several collections these past few months to broaden its store offer, including a sports line and its own perfume. In May, it also announced it wanted 500 own stores by the end of 2014.

Questions or comments? Please feel free to contact the editors


Starbucks dumps plastic straws worldwide

12/07/2018

American coffee company Starbucks will ban plastic straws in their stores starting from 2020. A small step for coffee enthusiasts, but a big step for the environment, as the coffee giant uses about a billion straws every year.

AB InBev joins forces with Efes in Russia

12/07/2018

In order to counter the decline of their success on the Russian market, Belgian beer giant AB InBev has placed its activities in Russia in a joint venture with Turkish Anadolu Efes.

Jumbo appoints new head of Belgian branch

11/07/2018

Dutch Jumbo Groep Holding has made a management reshuffle, with Peter Isaac becoming the new managing director of the group's Belgian branch. Bart van den Nieuwenhof meanwhile is set to leave the group's restaurant chain La Place.

Snacks boost Pepsico’s sales

10/07/2018

Snack and beverage giant Pepsico has recorded a slight revenue growth of 2.4 % in the second quarter of this year. Net profit however went 14 % lower, due to rising taxes.

Ahold Delhaize changes management in Greece and Romania

09/07/2018

Ahold Delhaize has announced two changes to its management team in Europe: Vassilis Stavrou becomes Brand President of Alfa Beta in Greece. He succeeds Leonidas Vrettakos, who is retiring after 21 years with the business.

Tesco and Carrefour to join forces

02/07/2018

Brexit or no Brexit, British Tesco and French Carrefour have joined forces for the purchases of both A-brand products and private labels. Service suppliers too will face a united front from now on.