Radar > 243211

Grupo Cortefiel enters India

Grupo Cortefiel desembarca en India

Intel ID : 243211
Synopsis

Grupo Cortefiel, a Spain-based apparel manufacturer and distributor, will open 60 outlets in India in the next five years, reported EFE Empresas on 9 December 2016, citing Grupo Cortefiel Managing Director of franchises Antonis Kyprianou.

According to the report, the first stores to open will be Women'secret and Springfield, which will launch operations in a shopping center in April 2017.

Grupo Cortefiel will enter the country in a partnership with Tablez Retail, with whom the group signed a franchising collaboration agreement.
(content in spanish)

Grupo Cortefiel, empresa española dedicada a la producción y distribución de ropa, abrirá 60 puntos de venta en India en los próximos cinco años, según ha anunciado EFE Empresas el 9 de diciembre de 2016, citando al director general de franquicias del grupo, Antonis Kyprianou.

Según lo publicado, las primeras tiendas en abrir serán Women'secret y Springfield, que aterrizarán con establecimientos en un centro comercial en abril de 2017.

Grupo Cortefiel entrará en el país de la mano de Tablez Retail, con quien ha firmado un acuerdo de colaboración en franquicia.

Bidder

Tablez
United Arab Emirates

Intel ID 243211
Value ND
Native Currency Euro (EUR)
Financial Data - Cortefiel
(31 Dec 2022)
Revenue: EUR 1.113,39m
EBITDA: EUR 273,78m
Net Debt: EUR 184,13m
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Distribution and Retail (Primary)
Industry / Fashion and Textile
Primary Sector (TTRSC)
15.05.03 Clothing, Apparel & Accessories Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

Secondary Sectors (TTRSC)
15.01.02 Clothing
15 Consumer Products & Services / 15.01 Apparel & Accessories

Country
Website
Description

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Food and Beverage (Primary)
Services and Distribution / Distribution and Retail
Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

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potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

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