Energy System manages to surpass the red numbers caused by the first wave of the pandemic in a single exercise, and getting ready to grow internationalization, improvement of the online channel and especially new Alliance with Inditex Group.
And Finestrat has become the chosen partner of the multinational company founded by Amancio Ortega for their business. first step into the world of technology and since this summer, hundreds of different models your headphones and speakers in stores and on the website. leftists.
Although it is still early to make an assessment, they have high expectations from the company in this deal and they believe it could be one of the most important elements of this deal. business lines for the next few years. Actually it’s already planned increase the number of references these are part of the project for next Christmas.
It is no accident that Inditex chose Leftists for this association, because it is one of the chains that the company specializes in. young audienceCoinciding with the goal of the Alicante technology company’s catalog . The deal includes the sale of its products in stores in Spain, Portugal and Mexico, which also contributes to the firm’s goal of internationalizing its operations.
According to the company, at this time, this collaboration is not expected to cover other brands of the fashion group.
In any case, we will have to wait to know the consequences of this alliance and see how they affect the evolution of the Energy System. According to the last balances deposited in the Commercial Register, the firm of the Sánchez family includes the impact of the pandemic and the return to profitability in the fiscal year ending June 30, 2021, although still heavily impacted by all the restrictions adopted to contain the coronavirus.
In this way, after the 19% decrease in sales in the previous year, the company managed to close the year with its turnover. 11.6 million €, only 3% less. But best of all, the adjustments to the expenses section managed to get the company to write a memo. Profit of just over 115,000 EurosCompared to the €305,000 losses it had to endure in the previous period, and as such, it looks like just a bracket in the firm’s orbit.
Looking ahead, the management report itself includes the key initiatives of the 2021-2023 strategic plan; online sales and above all, what they did through him. own website until they reach at least 15% of their turnover, which leaves the largest margin for the companies. But the company also wants to strengthen the channels it has on platforms like Amazon, AliExpress or MercadoLibre.
On the other hand, the company wants to improve itself. internationalization, Europe and Latin America as main destinations. The forecast is to reach 40% of sales outside the national region, compared to the current 15%.
Private brands to attract more public
Another strategy of Energy Sistem to increase its sales is to promote specialist brands. Thus, the firm has a product range that specializes in “games” for which it has Sega licenses. It also launched Lol & Roll, which has developed a range of headphones and other products for kids. Finally, the company is also betting on its “Home Office” products, i.e. the necessary equipment for teleworking, to capitalize on the rise of this trend.
Source: Informacion
Christina Moncayo is a contributing writer for “Social Bites”. Her focus is on the gaming industry and she provides in-depth coverage of the latest news and trends in the world of gaming.