Logisfashion already has a presence in Europe, Asia and Latin America. And now we are preparing for our arrival and expansion in the United States as part of our Strategic Growth Plan until 2026.
A movement with which we intend for 25% of our business to come from the North American country and increase our turnover to 300 million euros at the end of fiscal year 2026. For this, we have the help of Atlántico Capital Partners, a renowned financial advisory firm, to support this growth strategy and close the purchase of the US company during this year.
After accomplishing an exhaustive market analysis, Logisfashion believes that both our technology and know-how have enormous potential in the United States. In this sense, we have logistics solutions that cover the entire supply chain: from services at origin at the time of production in Asia, international transport and customs advice, logistics applied to retail, value-added services and fulfillment for e-commerce, including last mile transport.
In the words of Juan Manzanedo, Executive President of Logisfashion, “for some time, one of our main objectives at Logisfashion has been to expand our services to the United States as an integral part of our strategic value proposition, also driven by the growing demand of our clients. The need for multiple European and Latin American brands to have a high-quality logistics service in the United States has led us to take the decision to establish a direct presence in that market.”
And until now, we had a limited presence in the United States through local partners. “We consider the partnership strategy no longer valid, as we anticipate significant expansion. Therefore, only through our direct presence can we guarantee the quality of service that the Logisfashion brand deserves”, says the director.
At Logisfashion we are already analysing several options on the east coast of the United States, establishing a range of income for potential target companies, ranging between 30 and 100 million dollars. “This figure allows us to identify companies that fit the right size and have the growth potential we are looking for,” explains Manzanedo.
Founded in 1996, Logisfashion began our international expansion in China, supporting fashion brands at the time of manufacturing. In 2006, we opened operations in Mexico and, currently, we have 27 distribution centres and more than 500,000 square metres of operating space that provide services to important brands in the world of fashion and lifestyle.
Since 2015, we have experienced exponential growth, multiplying turnover tenfold, reaching 126 million euros in 2022, 26% more than in the previous year. For this year, the goal is to reach 160 million euros and the opening of new centres both in Spain and Latin America.
