January 16, 2019 – MDS – Mayoral goes on and on. The children’s fashion giant, which last year took a leap forward with the launch of a new premium positioning firm, closed 2018 with an estimated revenue of 350 million euros. Facing this fiscal year, the company expects its sales to rise 4.3%, reaching 365 million euros.
2018 fiscal year meant a leap forward for the group, one of the largest of the sector of children’s fashion in the world. Mayoral launched a new brand, Abel & Lula, to address a superior positioning, renewed its corporative image with a new logotype and store image and advanced in the building of its new plant, which will be operational in June this year.
Moreover, the group maintained its opening pace, with ten new stores, and forecasts to open up between ten and fifteen more during this year. The company, which jumped into retail in 1997, had 230 points of sale at the end of 2018 , 175 of them in Spain and 55 abroad.
The international market is the fuel of Mayoral growth: 75% of its revenue comes from foreign countries. The group operates with seventeen subsidiaries abroad, located in Italy, Portugal, Greece, Mexico, France, Poland, Russia, Turkey, Ukraine, Rumania, Kazajistan, the United States, China, Colombia, Peru, Bulgaria and the United Kingdom.
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