Blanco news and archive

Alhokair’s Board approves sale of Blanco

The board of Saudi Arabian retailer Fawaz Abdulaziz Alhokair Co has approved the sale of Blanco for 350 million riyals (about 93 million dollars), the company said in a bourse statement on Wednesday. This way, the Saudi retailer will divest from the Spanish fashion chain barely two years and a half after it acquired it from administrators....

Design

Spanish Blanco Group files voluntary bankruptcy

Blanco Group, a leading Spanish apparel group, better known for its Blanco Suite label, has filed voluntary bankruptcy due to the seriousness of its economic and financial problems and in order to achieve sustainability of the company, according to the company. "Due to the severity of the economic and financial problems that the company has gone...