Festa EN
03/03/2015
Festa
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Deal type:
Buyout
Date of investment:
Oct 2006
Date of divestment:
Jan 2016
Fund:
Portobello Capital Secondary Fund I
Activity:
Women fashion retail stores.
Industry:
Consumer goods
Company description
Festa is a Spanish women’s fashion retailer founded in 1984 and headquartered in Getafe (Madrid) which manufactures 80% of its products in Spain.
It has 39 stores located in prime commercial areas, and it aims to keep expanding its network of stores in other Spanish sites.
Why do 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.
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