Retail sales in Portugal have bucked an overall trend in the Euro Zone by growing 3.9%. Retail sales turnover in the Euro Zone fell 1.3% on average in June and 0.8% in the European Union for the [...]
Luxury fashion online platform Farfetch, founded by Portuguese entrepreneur José Neves, saw its revenues increase by 74% to 30 June 2020, but the unicorn is still making a loss. According to the [...]
Porto City Council looks set to give the green light to the Spanish department store chain El Corte Inglês to open in the city. The Council’s officer for the Economy, Tourism and Trade, Ricardo [...]
Mercadona, the well-known Spanish food retail group, is expanding into Portugal and will open stores in the Porto region and in the north of the country. Set to compete with second tier [...]
Portugal saw retail turnover increase by 1.2% in March, representing an increase of 1.9 percentage points compared to the-0.7% recorded the month before according to the EU’s statistics body [...]
Portuguese investment fund Green Swan has purchased toy store chain Maxi Toys. The stores, which had belonged to Blokker, are located in Belgium, France, Luxembourg and Switzerland and Italy. The [...]
The Portuguese spent an average of €29 per present over the Christmas period — up €7 on 2017. They offered an average of seven presents per consumer according to a survey carried out by the [...]
The Portuguese retail accessory chain Parfois is to open 450 new shops by 2020 in a €70 million investment plan. The company will also double the number of its offices and modernise its logistics [...]
