218
Fashion Jobs
SHIMANO
Brand Coordinator
Permanent · UPPSALA
L'OREAL GROUP
Pharmacy Representative - Dermatological Beauty Division - Gothenburg Region
Permanent ·
GANT
Business Controller
Permanent · STOCKHOLM
GANT
Senior Business Controller
Permanent · STOCKHOLM
H&M
Operations Manager to h&m Distribution Center Borås
Permanent · BORÅS
H&M
Web Analyst / qa Data Layer Resource
Permanent · STOCKHOLM
H&M
Data Analyst to h&m – Supply Planning
Permanent · STOCKHOLM
H&M
Engineering Manager Sap Platforms, Sap Dev & Tech
Permanent · STOCKHOLM
H&M
Wifi Solution Architect - Network
Permanent · STOCKHOLM
H&M
Cyber Security Iam Manager
Permanent · STOCKHOLM
NAKD
Head of Sales
Permanent · GOTHENBURG
NAKD
Head of Commercial Business Control
Permanent · GOTHENBURG
H&M
Pension & Benefits Administrator And Process Improver
Permanent · STOCKHOLM
H&M
Technical Engineer For Warehouse Devices Management
Permanent · STOCKHOLM
H&M
Junior Planner to h&m Assortment- Open Application
Permanent · STOCKHOLM
RALPH LAUREN
Sales Professional
Permanent · STOCKHOLM
H&M
Advanced User Team Leader
Permanent · ESKILSTUNA
ZALANDO
Principal Product Manager - Data And Platform (All Genders)
Permanent · STOCKHOLM
ESSILORLUXOTTICA GROUP
Key Account Manager Nordics
Permanent · GOTHENBURG
H&M
Production Manager – Singular Society
Permanent · STOCKHOLM
ZALANDO
Senior Product Manager - Finance & Compliance (All Genders)
Permanent · STOCKHOLM
ZALANDO
Senior Product Manager - Returns Shipping Solutions
Permanent · STOCKHOLM
Ads
Translated by
Nicola Mira
Published
Sep 10, 2021
Reading time
2 minutes
Download
Download the article
Print
Text size

Bimba y Lola continues to recover as sales grow 51.4% in H1

Translated by
Nicola Mira
Published
Sep 10, 2021

Spanish label Bimba y Lola is on the road to recovery. The Galicia-based fashion and accessories label increased its sales by 51.4% year-on-year in H1 2021. In a press release issued on September 9, Bimba y Lola said that, in the period in question, the revenue generated by its stores was 80% higher than that of H1 2020.


Bimba y Lola’s sales grew 51.4% in H1 - Bimba y Lola - Facebook


With e-tail contributing a 23% share of total revenue, “the first half of the financial year ended with a revenue close to the level reached before the pandemic crisis,” said Bimba y Lola, without disclosing the exact volume of sales.

Among Bimba y Lola’s recent initiatives, the launch in September of a new website, “a next-generation site that enables us to present in much broader and more dynamic fashion the work of our creative teams,” said the label.

In parallel, in the last six months, Bimba y Lola has continued to work on implementing its strategic plan, aiming to consolidate its position “as a global brand,” notably entering a number of new markets in Europe and Latin America, with Bimba y Lola’s first stores opening in Peru and Germany.

In H1 2021, Bimba y Lola also began building its new headquarters in Vigo, which, together with the expansion and automation of the logistics hub in the town of Mos (Pontevedra), is “a key investment, designed to increase [Bimba y Lola’s] design, development, production and distribution capabilities, to accelerate the digitalisation of business operations, and to take a significant step forward in implementing the label’s sustainable design model,” said Bimba y Lola. 

Bimba y Lola was founded by sisters María and Uxía Domínguez. In the 2020 financial year, it generated a revenue of €164.8 million, 27.4% lower than that of 2019. In pandemic-stricken 2020, the label's online sales grew significantly, increasing by 66% and accounting for a 34% share of the total. Sales generated outside Spain accounted for 32% of the total.

Copyright © 2024 FashionNetwork.com All rights reserved.