Barcelona fashion company Desigual increased profit by 70% in 2013

March 19, 2014 05:46 PM | ACN

The Barcelona-based fashion enterprise announced that the French investment group Eurazeo will join the Catalan company after a €285 million injection. For this operation, Desigual will issue a share offer that will increase its capital by 10%, which will be entirely covered by Eurazeo. In 2013 Desigual posted a net profit of €129 million, which represents a 71% growth on the 2012 figures. The Catalan retail company's turnover reached €828 million, 18% more than the previous year, according to the Director General of Desigual, Manel Jadraque. On Tuesday, when presenting the company's results for 2013, Jadraque disclosed an EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) of €242 million, representing 29% of the sales figures.

The Born Cultural Centre, catwalk for the 2014 edition of the 080 Barcelona Fashion Week

January 27, 2014 12:46 PM | ACN / Natasha Massoud

The Born Cultural Centre has been selected as the venue to host the latest edition of the 080 Barcelona Fashion Week, from the 27th until the 31st of January where the newest collections for Fall/Winter 2014-2015 will be showcased. In the show’s 13th edition, more than thirty designers and brands are ready to participate from Albéniz to Zazo & Brull to already established names such as Custo Barcelona, Desigual, Mango, Sita Murt, TCN or Punto Blanco. The fashion show will take over different spaces inside the Born Cultural Centre leading to the closure of the cultural and historical centre, which has closed its doors to the public from the 25th to the 1st of February 2014.

Clothing company Desigual unveils its new world headquarters on Barcelona’s seafront

June 14, 2013 12:15 AM | CNA

The new facilities are the second longest building in the Catalan capital, as it is 186 metres long. Desigual’s new headquarters are located on prime real estate, just in front of Barceloneta beach and next to the W Hotel. They will initially host 840 employees but at a later stage they will host up to 1,500 people. The building is split into 6 storeys and occupies 24,400 square metres. According to Desigual’s President, Thomas Meyer, the building is inspired by the retail company’s values such as “positivity, respect, compromise and constant improvement”. The President of the Catalan Government, Artur Mas, attended the unveiling event and praised Desigual for combining the “informality” of its clothing style with the “seriousness” of a company with shops in more than 100 countries.

Multi-million euro support for internationalisation of Catalan fashion label Desigual

March 25, 2013 07:23 PM | CNA / Karina Reinhard

The fashion label Desigual based in Barcelona has obtained a €200 million line of credit from different banks. This financial support will be used to finance international expansion as well as plans for a new logistical centre in Vilamoura (Barcelona). Leading this investment is the Catalan bank CaixaBank, mostly owned by La Caixa. Under the slogan “Desigual – It’s not the same” the label wants to focus on continual improvements, innovation, engagement, tolerance, positivism and fun. Within this slogan now Desigual is trying to attain a more international status, enlarging its current team of 2,900 people from 72 different nationalities.

Old tanneries became fashion stores in Igualada, Central Catalonia

November 19, 2012 11:23 PM | CNA / Laura Quintana / Mar Martí

In Igualada, some 50 km west of Barcelona (in Central Catalonia), the neighbourhood called Rec is characterised by its old tanneries and textile factories which were forgotten after years of great activity. Now, the organisers of ‘Rec Stores’ have transformed these spaces into fashion shops. For three days, brands such as Sita Murt, Custo Barcelona and Desigual have sold their latest fashion clothes and accessories. One of the organisers, Jordi Ribaudí, explained that the objective of ‘Rec Stores’ is to “unveil the neighbourhood, giving life to it and structuring it as a part of the city”.

MANGO closed 2011 with a €63.3 million net profit, after two years of heavy investment

August 10, 2012 10:25 PM | CNA / David Tuxworth

The Director General of the Catalan fashion retailer, Enric Casi, had already warned that the MANGO's profits in 2011 would be lower than usual due to its extensive investments and expansions abroad. In 2012, the company expects a profit of €200 million due to the investments and has already seen positive results for the first months of this year. The successful multinational was founded in Barcelona in 1984 and has over 2,400 outlets in 107 countries and over 11,000 employees.

Catalonia leads Spanish fashion exports in 2011

July 16, 2012 10:38 PM | CNA

The Catalan textile industry accounts for 34% of Spanish fashion exports. A new report by “The Brandery” shows that in 2011, Catalonia was a crucial factor in the success of Spain’s growing fashion industry and emphasises its continuing and growing importance on the international fashion stage. The report was shown at an event this weekend and provides an encouraging insight into Catalonia’s significance in the Spanish fashion sector.

Barcelona Bridal Week shows the strength of Catalonia's wedding industry

May 16, 2012 10:52 PM | CNA / Gemma Nieto

Four days on the Gaudí catwalk and over 230 national and international exhibitors in the Gran Via fairground reaffirmed the convention as the quintessential meeting of the bridal industry worldwide. The Catalan designer Rosa Clarà was chosen another year to open the four days of catwalks at the ‘Pasarela Gaudí Novias’. Exports from Catalan wedding products made the industry generate a turnover of 10% more than in 2010. Currently, the industry is opening to Mexico and China.

New talents and world renowned designers in the 9th edition of the 080 Barcelona Fashion Week

January 24, 2012 08:32 PM | CNA/ Joan Serra Mingot

Barcelona’s independent fashion fair kicks off this week, running from Wednesday 25th to Saturday 28th. The fall-winter 2012/2013 collections of prestigious brands and designers such as Desigual, Pierre Cardin or Mango will be presented in the centre of Barcelona’s Gothic Quarter in the Plaça del Rei (King’s Square) and the Saló del Tinell, inside the former King’s Palace.