Radar > 237304

Massimo Dutti announces Puerto Rico exit

Massimo Dutti anuncia su salida de Puerto Rico

Intel ID : 237304
Synopsis

Massimo Dutti, a menswear brand of Spain-based Inditex (BME: ITX), announced its exit from Puerto Rico, reported Modaes.es on 2 June, 2016.

Specifically, the company ended its operations in Plaza de Las Américas shopping center, which functions since 2012.

In its place, Zara, a fashion brand of Inditex, will fill the space left by Massimo Dutti in the complex and will be the only brand operated by the company in the country.
(content in spanish)

Massimo Dutti, firma de moda masculina del Grupo Inditex (BME: ITX), ha anunciado su salida de Puerto Rico, según ha informado el portal Modaes.es el 2 de junio de 2016.

En concreto, la firma ha puesto fin a sus operaciones en el centro comercial Plaza de Las Américas, el cual ha funcionado desde 2012.

En su lugar, Zara, firma de moda también del grupo Inditex, ocupará el espacio que deja vacío Massimo Dutti en el complejo y será la única marca de la firma que opere en el país.

Seller

Ultimate Owner (Seller)


Intel ID 237304
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Seller

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

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

Country
Website
Description

Ultimate Owner (Seller)

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (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)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

35.10.11 Supply Chain Logistics
35 Industrials / 35.10 Transportation & Logistics

Country
Website
Description

Related Entity

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

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

15.01.02 Clothing
15 Consumer Products & Services / 15.01 Apparel & Accessories

15.05.06 E-Commerce
15 Consumer Products & Services / 15.05 Distribution & Retail

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.