Spanish franchises have successfully committed to international expansion despite the financial crisis, and the number of businesses that opened outside of Spain grew in 2011. According to a Tormos & Associates report titled Spanish Franchises in the World, 148 brands with 15,194 establishments are now operating in 113 countries – up 9.7% from 2010.

The fashion industry´s main objective has been to weather out the financial crisis, and this year it is again seeing an increase in the number of franchises. Nearly 40% of Spain´s international presence is from the textile industry, which leads with 40 specialized chains and 5,968 businesses.

Clothing with the “Made in Spain” label is highly regarded by consumers worldwide. Magno has 2,060 stores in 104 markets, and the Inditex Group whose flagship company is Zara, has 1,468 in 78 countries. The Cortefiel Group follows in rank with its brands Springfield, Women Secret and Adolfo Dominguez.

There are 13 Spanish chains in the U.S. operating in 98 establishments. Among the fashion and accessories companies represented are, Zara, Mango, Custo Barcelona, Adolfo Domínguez, Rosa Clará and Pili Carrera.

The beauty industry is also experiencing dramatic growth. At the end of 2011, there were 24 Spanish chains with 585 establishments operating in 24 countries. Among those firms that have committed to international expansion are No+Vello, Vellisimo Center, Equivalenza Refan, and Oh my Cut.

 

Source: ICEX

 

posted by flytobarcelona.org