Sonae news and archive

Sonae and JD Sports Fashion join forces to conquer the Iberian market

Sonae and JD Sports Fashion will go into business together to create the second largest sports retailer in the Iberian market. The Portuguese conglomerate has bought into JD Sports Iberia division. As reported over the weekend, Sonae advanced that the agreement foresees combining the JD Group and JD Sprinter businesses with that of Sport Zone in...

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Strong performance of Losan and Zippy boosts Sonae's fashion sales

Sonae, Portugal's largest retail group and owner of fashion brands Sport Zone, Zippy, MO, Berg and Losan and reference investor in Salsa through its subsidiary Sports and Fashion, has registered an increase in turnover of 14, 6 percent. The Portuguese company stressed that the success of its textile division during the first half of this year is...