Radar > 234734

Losan enters Hong Kong and Taiwan and negotiates Russia and Middle East entry

Losan desembarca en Hong Kong y Taiwán y negocia entrar en Rusia y Oriente Medio

Losan entra em Hong Kong e Taiwan e negocia sua entrada na Rússia e no Oriente Médio

Intel ID : 234734
Synopsis

Losan, Spanish children's fashion company owned by Portugal-based group Sonae (Euronext Paris: SON), entered Hong Kong and Taiwan, as published by Modaes.es, citing its CEO, Gerd Loewen.

Gerd Loewen said the expansion in these two markets will be through three channels: department stores, multi-brand stores and baby channel, a network of outlets that also distributes food and children's items.

Losan, a company acquired by Sonae in 2015, is also negotiating its entry in Russia and the Middle East. With these markets the group would increase its sales abroad, which currently is 50% of its total turnover.
(content in spanish)

Losan, compañía de moda infantil española propiedad de la portuguesa Grupo Sonae (Euronext Paris: SON), ha desembarcado en Hong Kong y Taiwán, según ha publicado la web Modaes.es, basándose en declaraciones del director general de la empresa, Gerd Loewen.

Gerd Loewn ha asegurado que el desarrollo en ambos mercados se llevará a cabo a través de tres canales: en grandes almacenes, tiendas multimarca y en el baby chanel, una red de puntos de venta que también distribuye alimentación y artículos infantiles.

Losan, compañía adquirida en 2015 por Sonae, también negocia su entrada en Rusia y Oriente Medio. La incorporación de estos mercados permitiría al grupo incrementar sus ventas en el extranjero, que en la actualidad copan el 50% de la facturación total.
(content in portuguese)

A Losan, empresa espanhola de moda infantil subsidiária do português Grupo Sonae (Euronext Paris: SON), entrou em Hong Kong e Taiwan, segundo publicou Modaes.es, citando ao Diretor Geral da empresa, Gerd Loewen.

Segundo Gerd Loewn, o desenvolvimento de ambos mercados será feito através de três canais: grandes ármazens, lojas multimarcas e no baby chanel, uma rede de pontos de venda que também distribuem alimentos e artigos infantis.

A Losan, empresa adquirida em 2015 pela Sonae, também negocia sua entrada na Rússia e no Oriente Medio. A incorporação destes mercados permitirá ao grupo incrementar suas vendas no estrangeiro que atualmente representam 50% da faturação total.

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Intel ID 234734
Value ND
Native Currency Euro (EUR)
Financial Data - LOSAN
(31 Dec 2021)
Revenue: EUR 45,77m
EBITDA: EUR 1,69m
Net Debt: EUR 151,35m
People: 25
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Intel Grade
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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)
10.01.03 Distributors & Wholesalers (B2B)
10 Business Services / 10.01 Business & Professional Support Services

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Website
Description

Ultimate Owner (Buyer)

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

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Website
Description

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

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