With the entrance of the investment fund, the Japanese chain will push forward an expansion plan across Asia under the purpose of opening five hundred stores in five years.
Two years after his take off, Jorge González de San Roman steps aside in Fashionalia’s day to day. His position at the head of the company is now occupied by Sergio Lucas Ocaña, who owns a professional career in digital ambit and retail.
The British company of luxury has finished the first six months of the fiscal year (period ended on September 29th) with a volume of business of 1.22 billion pounds sterling (1.39 billion euros).
The group closed the day at 26.31 euros per share, its highest quote since September 24, when it reached 26.35 euros. The upturn coincides with the announcement of Zara’s global platform release.
All economic news of the key fashion companies worldwide.