Falabella

Falabella has become the largest group of department stores in Latin America. Its origins are closely linked to fashion, as the company started when Salvatore Falabella launched the country's first tailor's shop in Chile in 1889. The company is present in almost every country in Latin America.

The department store giant has reported a revenue of 9.43 trillion Chilean pesos ($10 billion) for the first nine months, with profits soaring to 717.173 billion pesos ($764.7 million).

Steady Gains: Latin American Department Stores Achieve 7% Growth by June

In the first half, retail giants such as Falabella, Liverpool, and Palacio de Hierro saw their revenues climb, amassing a combined turnover of $23.3 billion. The five major players reported a collective profit of $1.2 billion.

Falabella Sets Sights on $800 Million Pre-Pandemic Investment Milestone by 2026

After halving its investments in 2020, the Chilean conglomerate is setting sights on regaining pre-pandemic performance by next year, with a recovery slated for 2024 and a retreat from 2023’s losses.

Chilean Retail Giant Falabella Reports 9.2% Sales Growth Boosted by Fashion Segment

The Latinamerican retail powerhouse reports a robust start to the year, posting 6.3 trillion pesos ($6.532 billion) in revenue and 556.28 billion pesos ($576.4 million) in earnings for the first six months.

Central America’s Fashion Scene Heats Up with Siman

With over a century of legacy, El Salvador’s Grupo Siman is the gateway for international companies aiming to expand into markets like Costa Rica, Guatemala, and Honduras.

Falabella grows 1.9% but shrinks its result by 38.2% in 2019 amid Chile crisis

The Chilean department store company has ended the year with a revenue of 11.4 billion dollars. A bittersweet year for the compnay due to the both gains and losses.

The Chilean group of department stores has announced its new investment plan until 2022, with a notable decrease compared to the one announced at the beginning of 2019.

Department stores have been a window to the world and the undisputed leader of retail, but after centuries of reign, the king has fallen. The crisis revealed some structural problems of a hyper-debt sector.

The American fashion retailer plans to make several store openings in 2020. Its childrenswear line is already sold thought their ecommerce.

The most stable country in the region is often chosen as a starting point in South American for many international fashion retailers.

The Chilean department store giant closed its first half with a revenue of 233.9 million dollars.

The department store group registered net profits of 478.46 billion Chilean pesos (736 million dollars).

The Japanese fashion group, which is carrying out an expansion strategy over the European continent, will be present after this opening in a total of ten markets from the region.

Consolidated revenues of the company amounted to 2,188,435 million pesos (2,924 million euros), which represents an increase of 2.8% compared to the same period of the previous year.

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