Festa is a Spanish women’s fashion retailer founded in 1984 which manufactures 80% of its products in Spain.
Type of Operation
Portobello Secondary Fund I
Oct 2006 / Exit date: Jan 2016
Women fashion retail stores
It has 39 stores located in prime commercial areas of the cities and first-class shopping centers, and it aims to keep expanding its network of stores in other Spanish sites.
Why did we invest in Festa?
- Clear market positioning and well defined niche: middle aged woman, low prices, wide variety and large sizes.
- Growth potential: Capacity to open further 100 stores, corners in large retailers, etc…
- Low competition, as it is a niche that has not been exploited by large fashion retailers.
- Attractive management model: management reactive to sales, quick turnover, zero stock policy, loyal supplier base.