march 22 2019
Investment

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SONAE STRENGTHENS POSITION IN LATIN AMERICA THROUGH LOSAN

The Losan store chain, acquired by the Sonae group in 2015, is at the centre of the Portuguese group expansion to Latin America.

In a strategy outlined for 2019, the company plans to enter Ecuador and strengthen its presence in Mexico and Colombia.

Present in more than 40 countries, in own stores or multi-brand spaces, and with a turnover of around 60 million euros, Losan has an international plan that intends to expand to South America, the United States, Canada and India.

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