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We maintained our growth in 2020, reaching a turnover of 63 million euros

Logisfashion

Our last financial year, 2020, ended with results that strengthen our growth in the logistics market. Thus, our turnover amounted to 63 million euros, data that represents an increase of 25% compared to the previous financial year. In this way, our year-on-year growth continues to be above 20% since our foundation.

A positive result in spite of the global health emergency situation which has led to the decline of our retail-focused business, due to the closure of stores and the social distancing needs imposed by Covid-19. In this sense, it has been our logistics services focused on e-commerce and the expansion of our client portfolio that have been key in supporting the increase of our turnover during 2020.

As for the volumetric data of the business, we have managed more than 100 million items, of which more than 31 million correspond to the e-commerce business, which represents a total of 11 million orders prepared.

With this evolution, we strengthened our position in the logistics market specialised in fashion and e-commerce and consolidated our commitment to constant growth, since our forecast for 2021 is to reach revenues of 85 million euros, which would mean an increase of 35%.

Logisfashion

“For Logisfashion, 2020 has been a year full of challenges that have once again highlighted our commitment to flexible and customised logistics solutions. The results show that we must continue to work along this line to deal robustly with any unforeseen circumstance and keeping our focus on quality, as a great pillar of our services”, says Juan Manzanedo, CEO of Logisfashion.

As a result of this data, we are on a steady course towards undertaking an ambitious growth plan based on the recently approved 2021-23 strategic plan, which targets sales of 150 million euros by 2023. To carry it out, we are going to enhance our international expansion, with a special focus on Europe, Asia and the markets where we are present in Latin America (Mexico, Colombia, Panama and Chile).

In view of our main short-term projects, it is worth mentioning the opening of new e-commerce centres and the enhancement of our value proposition with global services and end-to-end solutions with a high technological input.

We also maintain our strategy of evolving our services to the maximum, committing to investment in technology and innovation and strengthening both teams and operational excellence, to continue to grow together with the main international fashion brands.

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