Venca prioritises e-commerce and lands on the UK
By FashionUnited
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The fashion
Restructuration plans begin to bear fruit: international expansion
The restructuring that started back in 2011 with the aim of prioritising e-commerce channel over traditional catalogue sales, "today is paying off," says Gonzalez, who adds that the catalogue is a costly and disruptive mean that remains unchanged once printed, while the web allows updating collections quickly .At present , 40 per cent of the turnover of Venca comes from online sales . The company has about 700,000 customers, to whom they sell more than 1.5 million garments a year.
"Next year we will focus on consolidating the two markets (France and Russia) in which we entered in 2013, especially the Russian one given its size. Also, we will enter in Belgium and possibly elsewhere. We are mainly thinking of the UK and Germany" advanced Venca’s CEO.
Long term, Venca would not say no to opening physical stores in major cities in Spain to test this model, although in a very small number, "to give a touch of reality to a relationship that is now virtual.”
Venca