Good Forecasts
Bimba y Lola in line with its expansion plan for 2016.
In the last financial year, Bimba y Lola global sales were €115.7 million, representing an increase of +17.4% compared to the 2014 financial year. International business has increased by +22.2%. It now represents 26% of the company‘s total sales.
At the end of the financial year, Bimba y Lola, in line with its expansion plan for this year, operated 210 Points of Sale in 17 countries.During 2016, it’s tenth anniversary year, Bimba y Lolawill continue with international expansion plans.
It will soon be opening its ninth store in France, this time in Bordeaux, and its seventh in theUnited Kingdom, on Marylebone High Street in London.
Work will be done to consolidate the brand in France, seeking to create a presence throughout the country using a Franchise model, and to increase operations in the Middle East and Latin America, where new store openings are also planned during 2016.