urban

Barcelona-based Desigual launches its own stores in Mexico and Canada

November 21, 2014 09:00 PM | ACN

The Catalan fashion multinational Desigual will be strengthening its presence in the Americas over the coming months. In 2015 it will be entering new markets, with the opening of its first three stores in Mexico and three in Montreal, Canada. Its entry into the Aztec country will be made through a franchise, alongside the company El Palacio del Hierro (the Iron Palace) which owns luxury boutiques in Mexico, a market considered a “priority” by Desigual. Thanks to this cooperation, Desigual clothes will be sold in almost 30 different department stores throughout Mexico. In addition the Catalan brand will open its own boutiques in Andares in Guadalajara, Antea in Querétano and in Mexico City. Moreover, Desigual has also committed to strengthening its presence in the US before the end of 2015, with the opening of two new stores, one in Miami and the other in Las Vegas.

'From Miró to Barcelona' exhibition traces the Catalan artist's legacy to his hometown

September 15, 2014 09:48 PM | Neringa Sinkeviciute

The Joan Miró Foundation, a museum of modern art devoted to the famous Catalan artist, hosts the exhibition 'De Miró a Barcelona' ('From Miró to Barcelona'). The display focuses on 4 art works that Miró wanted to donate to the city of Barcelona: the Airport Mural, the Mosaic at the Pla de l’Os in Les Rambles, a sculpture for the Parc de Cervantes (which ended up in Chicago), and the Joan Miró Foundation. It is a collection of sketches, drawings, photographs and videos made in preparation for these works. Curated by the Director of the Foundation, Rosa Maria Malet, the exhibition is taking place from the 9th of May to the 2nd of November 2014. In accordance with Joan Miró’s will, the exhibition is free of charge.

Barcelona-based fashion company Desigual increases profit by 50% in the first half of the year

August 26, 2014 06:17 PM | ACN

The Catalan urban clothing firm Desigual posted a €66.4 million profit in the first six months of 2014, which represents a 47.9% increase on the same period of the previous year. The fashion company registered a turnover of €452.9 million between January and June, 23.1% higher than the figure registered in 2013 during the same period. "The results confirm the company's growth, strength and good financial position", stated Desigual on Tuesday via a press release. The firm led by Thomas Meyer underlined that during the last few years they have been focusing on their international expansion. Following this strategy, the Catalan brand opened 45 new shops during the first half of 2014, entering into new markets in Latin America (Peru and Brazil) and increasing its presence in Asia (in Japan, Hong Kong and Singapore).

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”.