Brief: Infoscan Shifts To E-Comerce And Wants To Enter Warsaw's Main Market

Grupa Modne Zakupy SA

25/11/2021 09:25

Nov 25(Reuters) - Infoscan SA  ISTP.WA :
    * INFORMED ON WEDNESDAY IT HAS COMPLETED THE PROCESS OF
STRATEGIC
OPTIONS REVIEW
    * THE COMPANY HAS ADOPTED ITS STRATEGY FOR THE YEARS OF
2021-2025
    * THE MAIN STRATEGIC ASSUMPTIONS ARE SEEN IN THE PROPOSED
SHIFT IN
COMPANY'S MAIN OPERATIONS TO E-COMMERCE VIA ITS INVESTMENT IN
MODNE ZAKUPY GROUP
    * IT PLANS ORGANIC GROWTH AND CONSOLIDATION ON THE
E-COMMERCE
MARKET, ESPECIALLY IN THE WOMEN SECTOR 
    * BY THE END OF 2025 THE COMPANY WANTS TO DOUBLE ITS BRANDS
AND
TRIPLE THE AMOUNT OF PRODUCTS OFFERED ON INTYMNA.PL
    * THE COMPANY SEES TO STRENGTHEN GMZ OFFER, ESPECIALLY IN
THE
BEAUTY AND SUPPLEMENTS SECTOR
    * IT ALSO LOOKS TO BROADEN ITS OWN BRAND PORTFOLIO BY
INTRODUCTION
OF TWO OWN BRANDS OF LINGERIE BY THE END OF 2022
    * BY THE END OF 2025 THE COMPANY WANTS TO REACH 12-MONTH
REVENUE
(GMP) IN THE INFOSCAN GROUP AT 100 MLN ZLOTYS
    * THE COMPANY LOOKS TO SHIFT TO WARSAW'S MAIN MARKET

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM2hkDXDa
 Further company coverage:  ISTP.WA  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))