Radar > 228438

Desigual closes franchises in Russia

Desigual cerrará sus franquicias en Rusia

Intel ID : 228438
Synopsis

Spain-based Desigual announced it will close its franchised stores in Russia by the end of the Summer of 2015, by mutual agreement with its partner LVB, as reported by Europa Press on 20 August 2015.

Closing these stores is part of redefining Desigual's commercial strategy, which could focus on distribution through multi-brand channels. In fact, Desigual will remain in the Russian market through other types of establishments.
(content in spanish)

La empresa española Desigual ha anunciado que cerrará sus tiendas franquicia en Rusia a finales de verano de 2015, de mutuo acuerdo con el socio local LVB, según ha comunicado Europa Press el 20 de agosto de 2015.

El cierre de las tiendas responde a una redefinición de la estrategia comercial de Desigual, que podría orientarse hacia la distribución por canales multimarca. De hecho, Desigual seguirá presente en el mercado ruso a través de este tipo de establecimientos.

Bidder


Intel ID 228438
Value ND
Native Currency Euro (EUR)
Financial Data - Desigual
(31 Dec 2013)
Revenue: EUR 828,00m
EBITDA: EUR 242,00m
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Bidder

Name
verified
Subsector (Old TTR Sectors)
Industry / Fashion and Textile (Primary)
Services and Distribution / Distribution and Retail
Primary Sector (TTRSC)
15.01.02 Clothing
15 Consumer Products & Services / 15.01 Apparel & Accessories

Secondary Sectors (TTRSC)
15.05.03 Clothing, Apparel & Accessories Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

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