El Puerto de Liverpool explained
| El Puerto de Liverpool, S.A.B. de Liverpool, S.A.B. de C.V. |
| Company Slogan: | Liverpool stores: Liverpool es parte de tu vida ("Liverpool is a part of your life")--> |
| Founder: | Jean Baptiste Ebrard |
| Key People: | Jorge Salgado (CEO) |
| Industry: | Department stores, financial services, shopping centers |
| Num Employees: | 76,976 |
| Num Employees Year: | 2022 |
| Hq Location: | Santa Fe, Mexico City |
| Hq Location City: | Mexico City |
| Hq Location Country: | Mexico |
| Num Locations: | 124 (Liverpool), 179 (Suburbia), 112 fashion brand stores, 28 shopping malls |
| Num Locations Year: | 2022 |
| Area Served: | Mexico |
| Products: | Clothing and accessories, shoes, perfume, cosmetics, jewelry, home furnishings, sporting goods, specialty foods |
| Services: | Revolving credit for retail customers, insurance, rental of stores in malls, in-store services e.g. travel agencies |
| Brands: | Liverpool, Suburbia, Galerías, franchisee of GAP, Banana Republic, Sfera, Punt Roma, MAC, Kiehl’s, NYX, Urban Decay, Pottery Barn, West Elm, Williams Sonoma |
| Divisions: | commercial/retail, financial, real estate |
| Revenue: | 176,033,720,000 MXN (Mexican pesos, ca. 9.14 billion USD) |
| Revenue Year: | 2022 |
| Operating Income: | 25,515,379,000 MXN, ca. 1.32 billion USD |
| Net Income: | 17,397,239,000 MXN, ca. 903 million USD |
| Net Income Year: | 2022 |
| Assets: | 94,546,550,000 MXN, ca. 4.91 billion USD |
| Assets Year: | 2022 |
El Puerto de Liverpool (officially S.A.B. de Liverpool, S.A.B. de C.V.) is a Mexican company that consists of commercial, financial, and real estate operations.
- The commercial area operates two chains of department stores: Liverpool and Suburbia, freestanding retail stores of multiple fashion brands, and the Arco Norte logistics center, under construction.
- The financial group offers insurance as well as credit to customers of the two department store chains.
- The real estate group operates shopping malls, all but one (Perisur) branded Galerías.[1]
The company is listed on the Mexican Stock Exchange .
El Puerto de Liverpool holds an (as of December 2023) US$246 million, 9.745% stake in U.S. retailer Nordstrom, and a 50% stake in El Salvador-based Unicomer Group, which operates retail chains in 26 Latin American countries.[1]
The Group's headquarters are in Santa Fe, a suburb and a main business center in Mexico City.[2]
History
- 1944 El Puerto de Liverpool group was legally established as a public limited company, S.A. de C.V.[3]
- By 1965 listed on the Mexican Stock Exchange[3]
- 1980: opened the Perisur shopping center and warehouse, the first shopping center the group owns[3]
- 1988: purchases the Fábricas de Francia department store with eight stores[3]
- 1992: opened its second distribution and receiving center: Bodega Tultitlán, with a motor transport network of 135 trucks at that time. It also inaugurates the Galerías Coapa and Galerías Insurgentes shopping centers with their respective warehouses. The systems development center is installed.[3]
- 1997: bought the Comercial Las Galas department store from Tiendas Chedraui, which it converted into Fábricas de Francia stores.[3]
- 1999: bought 11 stores from the Salinas y Rocha appliance store chain[4]
- 2006: changed from a S.A. de C.V. to an S.A.B. de C.V., to comply with the provisions of the Securities Market Law of June 28, 2006[3]
- 2007: partnered with El Corte Inglés group's clothing retailer Sfera to launch dozens of Sfera stores across Mexico[5]
- 2015: partnered with U.S. retailer Williams-Sonoma to bring its brands Williams-Sonoma, Pottery Barn and West Elm to Mexico in stores run by El Puerto de Liverpool group[6] Giving customers the option to purchase goods and services in these boutiques using their cards (DILISA) and (Livertu Universitarios). This association will extend for a period of 10 years.[7]
- August 2016: Liverpool bought the Suburbia department store chain from Walmart Mexico for around 15.7 billion pesos (about $840 million at that time).
- September 2018: announced conversion of 38 of the 41 Fábricas de Francia stores to Liverpool or Suburbia formats, and permanently close the other 3, thus sunsetting the 140-year-old brand.[8]
External links
Notes and References
- Web site: Liverpool - 2022 Integrated Annual Report - About El Puerto de Liverpool . www.elpuertodeliverpool.mx . 7 December 2023.
- "Annual Report 2013 " (Archive). Liverpool. p. 28 (32/66). Retrieved on May 27, 2014. "The Company’s domicile and main place of business is: Mario Pani 200 Col. Santa Fe, Cuajimalpa México, D.F"
- Web site: El Puerto de Liverpool: Investor Relations- "History" . www.elpuertodeliverpool.mx . El Puerto de Liverpool . 13 December 2023.
- Web site: Annual Report 2015 . Reforma . El Puerto de Liverpool group . 13 December 2023.
- http://www.eleconomista.es/empresas-finanzas/noticias/182841/03/07/ El-Corte-Ingles-and-Liverpool-sign-an-agreement-to-open-Sfera-in-Mexico.html El Corte Inglés and Liverpool sign an agreement to open Sfera in Mexico.
- https://www.elpuertodeliverpool.mx/sala-prensa/boutiques/2015_10-anuncia-franquicia/Press-release-WSI-MEXICO-201015.html Williams-Sonoma, Inc., announces the opening of its first franchise in Mexico .
- http://www.eluniversal.com.mx/articulo/cartera/negocios/2015/10/21/liverpool-abrira-13-tiendas-de-williams -sonoma Liverpool will open 13 Williams-Sonoma stores
- https://www.elfinanciero.com. mx/opinion/de-jefes/max-david-michel's-bet-in-suburbia Max David Michel's bet in Suburbia.
