Tuesday, April 28, 2015| Latest E-book
You are here: Home » Topics » » Portugal » Videos

Portugal's Sonae bets on India for sporting retail growth| Reuters

Apr 28, 2015    

LISBON (Reuters) - Portugal's largest retailer Sonae hopes to make India a key growth driver for its Sport Zone outlets, adding a fast-growing emerging economy to mature markets in Europe, a board member said on Monday.Last week, Sonae opened its first Sport Zone outside Portugal and Spain in India, in partnership with Trent, a subsidiary of the Tata Group. Sonae also operates Continente hypermarkets and Worten consumer electronics stores as well as other brands."After a period of learning and adapting to the format and offer in that market, India has the potential to rapidly become one o...

Read More