Apparel Sourcing Intelligence - Worldwide

C&A belies closure rumours, as fashion chains invade Brazil

C&A, Brazil’s leading fashion  retailer, appeared to quash last year’s closure rumours by opening 30 new Brazilian stores in 2013, bringing its total in the country to 260.

C&A opened 26 stores in 2012, and its accelerating expansion appears to demonstrate confidence in the face of the recent arrival of Gap, Forever 21’s announcement it would open soon, and last year’s openings by Topshop and Zara.

H&M, which had been rumoured to be contemplating buying the C&A network, merely said that “”Brazil is one of the most interesting markets for H&M, but for now, there are no concrete plans to open any stores in the country”.