Business / Companies
Spanish retailer 'Mango' to enter the Zimbabwean market
08 Jul 2013 at 19:09hrs | Views
Spanish multi-national retailer Mango says it will enter the Zimbabwean market this year, among 3 other new markets.
The group announced sometime in May this year that the Catalan company would enter four new markets: Angola, Equatorial Guinea, Mongolia and Zimbabwe.
It will thus be present in 111 markets, being the mostly internationalised Spanish retail company.
In addition, the company has planned to invest €265 million in opening new selling points, reforming shops and improving its logistics and information systems across its network.
Its not yet clear on how much capital would be allocated to Zimbabwe.
The group announced sometime in May this year that the Catalan company would enter four new markets: Angola, Equatorial Guinea, Mongolia and Zimbabwe.
It will thus be present in 111 markets, being the mostly internationalised Spanish retail company.
In addition, the company has planned to invest €265 million in opening new selling points, reforming shops and improving its logistics and information systems across its network.
Its not yet clear on how much capital would be allocated to Zimbabwe.
Source - Byo24News
