2023-07-31 13:15:32
Management company Multiplan reported good performance in the second quarter. Sales at the company’s shopping centers reached R$ 5.2 billion, up 5.8% compared to the same quarter last year. Profit was R$ 247 million, an even more expressive increase of 43%. The chain manages well-known units, such as Morumbi Shopping and Anália Franco, in São Paulo, and Barra Shopping and Village Mall, focused on high income, both in Barra da Tijuca, in Rio de Janeiro.
Multiplan, as a company listed on the Brazilian stock exchange, told investors that international brands are once again looking for space in Brazilian malls, without mentioning which companies are interested. In July, the Swedish H&M announced that it plans to open physical and online stores in Brazil, starting in 2025.
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Read also: “Agro wages”, article by Bruno Meyer published in issue 175 of Revista Oeste
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