Radar > 243704

Tous partners with Krono Time in Colombia

Tous se asocia con Krono Time en Colombia

Intel ID : 243704
Synopsis

Tous, a Spain-based jewelry, watches and fashion accessories designer and retailer, announced its partnership with Krono Time, a Colombia-based distribution company specializing in specialty stores, reported Modaes.es on 23 December 2016.

Krono Time coordinates the operations of Tous in Colombia since December 2016, when the Spain-based company launched its operations in the country (see related intel).

Meanwhile, Tous broke the partnership with Grupo Wisa, following the inclusion of the company in the so-called Clinton List and the detention in Colombia of Nidal Waked, the nephew of Wisa Owner Abdul Waked, a Panamanian businessman.
(content in spanish)

Tous, empresa española dedicada al diseño y venta de joyas, relojes y complementos de moda, ha anunciado su alianza con Krono Time, empresa colombiana de distribución en tiendas especializadas, según ha informado Modaes.es el 23 de diciembre de 2016.

Krono Time coordina todas las operaciones de Tous en Colombia desde diciembre de 2016, fecha en la que inicia de sus operaciones en el país (ver Intel relacionado).

Por su parte, Tous ha roto la alianza con el Grupo Wisa, debido a la inclusión de la compañía en la llamada Lista Clinton y por la detención en Colombia de Nidal Waked, sobrino del propietario de Wisa, el panameño Abdul Waked.

Bidder


Intel ID 243704
Value ND
Native Currency Colombian Peso (COP)
Exchange Rate:
Financial Data - Tous
(31 Dec 2022)
Revenue: EUR 449,16m
EBITDA: EUR 88,78m
Net Debt: EUR 19,70m
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)
Primary Sector (TTRSC)
15.05.99 Other Distribution & Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

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

15.08.02 Consumer Repair Services
15 Consumer Products & Services / 15.08 Personal & Household Services

25.03.03 Real Estate Services
25 Financial Services / 25.03 Real Estate

Country
Description

Bidder

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

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

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

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.