Desigual is approaching one billion euros in turnover. The Spanish brand recorded 963.5 million euros in sales, up 16.2% from 2014 compared to 2013, with an 8% increase in Ebitda at 261.5 million euros.
The developer has announced that it is purchasing the 750,000 square foot Madrid shopping center. It is a major acquisition intended to consolidate Klépierre’s commercial real estate portfolio in Spain.
Desigual has entrusted Benelux to Eric Modesto, already in charge of France for wholesale. An area manager position was also created for the zone, entrusted to Frederik Raison, ex-Esprit, who reports to Modesto.
Since Eurazeo took a 10% stake in the Desigual this summer, the Spanish brand has formed a new board of directors. Besides representatives from the investment company, the board has added several other new members, in...