06/08/2016

Bimba y Lola: affordable, international luxury

Spring-summer 2016

Bimba y Lola

Spring-summer 2016

In the first half of the year, the Spanish womenswear brand signed an agreement with a major Qatari textile group and launched stores in Paris, London and Bordeaux.
They say the apple doesn't fall far from the tree and the adage rings particularly true in the case of Bimba y Lola.  Sisters Uxía and María, founders of the Spanish womenswear brand and nieces of designer Adolfo Domínguez were fortunate enough to have had a great teacher.  Not to mention that the choice of using a greyhound for their logo could not have been more appropriate.  In less than a decade they’ve experienced record growth and the company currently has 220 points of sale in 17 countries.
 
2016, the year of their tenth anniversary, has been particularly favourable thus far.  In February they opened their sixth store on Rue Bonaparte in Paris, where they also have spaces at department store chains Printemps Haussmann and BHV Le Marais.  Meanwhile in May they launched a shop in Bordeaux along the Rue de la Porte Dijeaux, a pedestrian-only street in a high-traffic shopping area.  Just a few short days later they celebrated the grand opening of their seventh point of sale in London, specifically at number 10 Marylebone High Street.
 
From Europe they’ve set off for the Middle East. Bimba y Lola are expecting to launch their sixth store in Kuwait this July, having already signed an agreement with a major Qatari textile group.  The deal includes the opening of three additional franchises, thereby expanding their presence to 18 countries.  Latin America is also on their agenda, with new locations scheduled to open in 2016, according to company officials, who recently published their 2015 results.  The financial year saw an increase in sales by 17%, reaching 115.7 million euros, and international business was up by 22%, which translates into 26% of the company’s sales.

Diary

Latest news on key fashion events & trade shows

Find out more

ICEXcomercio.esEuropean UnionGovernment of SpainSpainbusiness.comInteriors from SpainGazpachoConnection