Clothing: New Investment in Costa Rica

The Colombian company Patprimo invested in the opening of two stores located in Curridabat and Escazú, with an estimated investment of around $800 thousand.

Tuesday, August 6, 2019

The South American company reported that the investment in the operation of the premises in Multiplaza Curridabat and Multiplaza Escazú totaled $800,000, and will sell clothing such as dresses, shoes, accessories, jeans, blouses, casual clothing and underwear, among other items.

You may be interested in "Clothing: Top players in Costa Rica

Elfinancierocr.com reviews that "... Patprimo that already sold its products in Almacenes Siman, has more than 100 points of sale and has presence in the largest chain stores in Colombia. In addition, it has an e-commerce channel that includes the entire portfolio of the brand."

Also see "Clothing: Regional Purchases at the End of 2018

The article adds that "... With his arrival, the list of Colombian fashion companies operating in Costa Rica expands. Among those that have stores in the country are: Arturo Calle, GEF, Diane & Geordi, Leonisa, Totto, Touché and Koaj."

According to the "Companies Corporate System", of the Trade Intelligence unit of CentralAmericaData, it is estimated that Prismar S.A., Corporación de Supermercados Unidos and Alpemusa, represent 17% of the market share in Costa Rica.

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More on this topic

Clothing: Guatemalan Company Expands to Mexico

September 2020

Under the brand of Tiendas Rechido, Corporación Megapaca opened its first store selling second-hand clothing in the city of Morelia, Michoacan.

The new store operating in the Mexican market will make available to the public 50 thousand garments and the business strategy of the business group is to enter the Mexican market as an environmentally sustainable fashion option.

Clothing: New Investment in Panama Announced

January 2020

The Swedish chain of stores Hennes and Mauritz announced that among its expansion plans is the opening of a sales point in Panama, which would be the first in Central America.

According to an official statement that was released in mid-January, the plan of the company Hennes and Mauritz (H&M) is that its first store in the region will be open to the public by the end of the year.

Clothing: Nicaraguan Investment in Costa Rica

May 2019

The owners of the Runway, NK Collection and Todo Jeans stores opened their first point of sale in a shopping mall in Santa Ana, and plan to open more in the coming years.

The Nicaraguan company opened its first women's clothing store, Runway Costa Rica, in the Santa Ana Town Center, and required over $200,000 in investment.

Retail: Strategies for Attracting Millennials

April 2019

Offering low prices, promotions and discounts similar to those found in U.S. stores, is part of the bet that AR Retail seeks to attract customers, especially millennial, in the Costa Rican clothing market.

At the beginning of 2019, AR Retail, a company dedicated to the marketing of the brands GAP, Banana Republic and Old Navy, reported that it plans to invest $6.2 million over the next few years in the start-up of nine stores in the Greater Metropolitan Area.

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