Economic journal of Spain's foreign business

Sonae

Sonae

SECTOR: Textiles, Technology, Retail

Registered Global Reach

RomaniaPortugalTimorTunisiaEl SalvadorIrelandIndiaUnited KingdomItalyWork shirts / service shirtsGreeceLatin AmericaEcuadorSpainGuatemala+4 more

History of International Operations

Date	Operation Summary	Key Figures / Investment	Destination Country
2016-01-29	Sonae has internationalized its Goodis electronic accessories brand, expanding its presence to ten countries in Europe, Asia, Latin America and Africa, through local distributors and retailers, in addition to its Worten stores. Read News	Sonae SR recorded sales of 1.293 billion euros in 2015 and its international business grew by 5,2%.	Portugal, Spain, Greece, Morocco, El Salvador, Israel, India, Timor-Leste, Romania, Mongolia, Guatemala, France
2015-12-18	Sonae, a multinational in the textile sector, has opened its first Zippy store in Tunisia through a franchise agreement, reinforcing its expansion in the North African retail market. Read News	The new store has a surface area of 85m2. Zippy has entered 6 new markets this year and is present in more than 40 countries.	Tunisia
2015-12-01	Sonae has expanded its global presence with the opening of its first two Zippy children's fashion stores in the Philippines, through a franchise agreement that anticipates the opening of nearly 20 stores in the country over the next five years. Read News	Opening of 2 initial stores, with a forecast of 20 stores in 5 years.	Work shirts / service shirts
2015-11-23	Sonae acquires Losan, a Spanish multinational children's fashion company, to enhance its capabilities and strengthen its internationalization strategy and global positioning in the textile sector. Read News	Losan had a turnover of 58,5 million euros in 2014.	Spain, Italy, Portugal, Latin America
2015-10-05	Sonae, through its Zippy brand, has been internationally recognized at the POPAI Awards 2015 for its innovative store concept, already implemented in Portugal and Spain, and with plans for global expansion. Read News	Zippy has stores in 17 countries.	Portugal, Spain, United Kingdom, Ireland
2015-03-24	Sonae, through its children's fashion brand Zippy, has opened its first store in Ecuador through a franchise agreement with the Phoenix Group, expanding its network to 20 countries and strengthening its presence in Latin America. Read News	100 m2 store, expanding Zippy's network to 20 countries.	Ecuador