Type
Business expansion
Country
Spain
Region
Location of affected unit(s)
Sector
Wholesale / Retail
Retail trade
Retail sale of other goods, except motor vehicles and motorcycles
47.71 - Retail sale of clothing

168 jobs
Number of planned job creations
Job creation
Announcement Date
26 November 2018
Employment effect (start)
1 January 2019
Foreseen end date
31 December 2019

Description

Fashion company from Osuna (Andalusia) Álvaro Moreno has announced plans to create 168 new jobs in 2019. The company expects to have a turnover of €42 million in 2019 and operate more than 40 points of sale. In 2018, the turnover amounted to €31.5 million and the company employed 332 people. As of December 2018, the firm operates 32 stores throughout Spain and since 2016 Álvaro Moreno is present in the main El Corte Inglés centres throughout Spain.


Sources

Citation

Eurofound (2018), Álvaro Moreno, Business expansion in Spain, factsheet number 96278, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96278.