Radar > 224986

Grupo Sonae enters Kurdistan market with Zippy

O Grupo Sonae entra em Curdistão com a grife Zippy

Intel ID : 224986
Synopsis

Grupo Sonae (Euronext: SON) opened its first children clothing designer store Zippy in Duhok city, Kurdistan, specifically at mall Mazi and in partnership with Arab company Fawaz Alhokair Group.

The new store has in excess of 100 m2, and it is part of the company's expansion strategy in the Middle East. Grupo Soanae plans to continue its expansion in the region through franchising.
(content in portuguese)

O Grupo Sonae (Euronext: SON) estabeleceu sua primeira loja da grife de roupas para crianças Zippy em Curdistão na cidade Duhok no shopping Mazi, em parceira com a companhia árabe Fawaz Alhokair Group.

A nova loja que tem uma superfície de mais de 100 m2, faz parte da estratégia da empresa de expandir-se pelo Oriente Meio, planejando continuar a expansão na região através de franquias.

Bidder

Target

Portugal

Intel ID 224986
Value ND
Native Currency Euro (EUR)
Financial Data - Zippy
(31 Dec 2023)
Revenue: EUR 115,05m
Net Debt: EUR 43,27m
People: 636
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)
Real Estate and Construction / Real Estate
Technology and Telecoms / Technology
Primary Sector (TTRSC)
25.03.01 Real Estate Development & Operating Companies
25 Financial Services / 25.03 Real Estate

Secondary Sectors (TTRSC)
15.08.02 Consumer Repair Services
15 Consumer Products & Services / 15.08 Personal & Household Services

25.01.04 Consumer Finance
25 Financial Services / 25.01 Banking & Investment

25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

Target

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

Secondary Sectors (TTRSC)
10.01.03 Distributors & Wholesalers (B2B)
10 Business Services / 10.01 Business & Professional Support Services

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

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.

Transactional data is continuously updated by the research team and therefore is subject to change.