Fimaes Group (Spagnolo and Guillermo Alberto Busso) Icon Sport SA established with Emiliano Fita, shareholder and president of Big Bloom SA, Wanama owner of the marks and Cook, and Jose Da Silva, Uruguayan businessman. During the 2 nd half of the year, our country will return to New Balance, a company dedicated to making exclusive designs in shoes ...
Again in Argentina, all models, both running-line technically the best in the world, such as lifestyle, will be sold in some homes specially selected, then in March 2011 the first concept store opened in South America.
With a unique design, and following the trend line and mostly from Japan, New Balance landed back in Argentina and no doubt will be successful.
Operation at country level will reach more than 200 customers with a coverage of 1,000 outlets in the end of the first 5 years, where according to the business plan, will be sold in that period 1,500,000 pairs of shoes, 770,000 and 75,000 pieces accessory units.
product offering is based on 75% of domestic production and 25% of imported product, high technology specifically geared exclusively to high-performance sports market.
New Balance is recognized as a leading manufacturer of high performance footwear and athletic apparel. The company's goal is simple, providing elite athletes and everyday with footwear, apparel and accessories, offering the best performance, fit, quality and comfort.
Headquartered in Boston, Massachusetts, New Balance manufactures and markets footwear and apparel for men, women and children, technically innovative in a wide range of categories: running, training, walking, basketball, tennis and children.
Within the family brands include New Balance Dunham (shoes for work and casual), PF Fiyers (casual footwear for men and women) Aravon (shoes for women), Warrior Lacrosse and Vital Group (a leading apparel companies active in the United States based in New York).
In recent years the growth rate New Balance significantly exceeded the pace of the industry. Worldwide sales have grown from U $ S 210 million in 1991 to U $ S 1.64 billion in 2008. As a private company, New Balance remains committed to a specific set of philosophies and strengths including technical superiority and diversity of widths.
New Balance employs nearly 2,800 people worldwide and the company's products are sold in 120 countries on six continents. New Balance has subsidiaries in the United Kingdom, France, Germany, Sweden, Hong Kong, Singapore, Australia, New Zealand, Mexico, Canada and South Africa. New Balance has in the United States with 5 own which produces 25% of the shoes it sells, is the only major brand to do so.
About
Fimaes
Group will be led by Guillermo Alberto Spagnolo and Busso, and Cohen Group members prior to the rearrangement of assets. Under this spectrum will be activities for structuring financial assets and corporate finance consulting, among other businesses. Fimaes
experienced growth, especially in the last 5 years, in different areas and business units, confirm the virtuous effect has been the association between the shareholders and has resulted in a natural specialization of the same in their areas of activity common.
The process of split and merger will enable the shareholders to develop activities which are particularly active through various companies, deepening and enhancing your efficiency in the provision of specialized financial services and stock.
Fimaes Group is the majority shareholder of E & M, Tinuviel (generating loans), Argenfactoring (factoring company), the current card and Card Centre, Cardinal SGR. In these companies, the Group holds Fimaes, as well as corporate control, functional leadership in the development of relevant daily activities. It also has a minority stake in Cohen SA Sociedad Brokerage, Leasing CGM SA, Cohen Company Manager Investment Funds SA
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