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Centro Santa Fe
Centro Santa Fe (English: Santa Fe Center or Santa Fe Mall), often incorrectly named "Centro Comercial Santa Fe", is a large enclosed shopping mall in the Santa Fe area of Cuajimalpa, Mexico City. Centro Santa Fe is the largest shopping center in Mexico. The original mall, , cost 270 billion old Mexican pesos (270 million current pesos) in 1993. It was further expanded in 2012. Within the Centro Santa Fe, two floors above the Sears wing are separately branded as Vía Santa Fe, containing mid-luxury clothing retailers (e.g. Salvatore Ferragamo, La Martina, Dolce & Gabbana), a Cinemex "Platinum" luxury multi-cinema, Casa Palacio (home store run by El Palacio de Hierro), and Mexico's first Apple Store. Anchors in the main mall are El Palacio de Hierro, Liverpool, Sanborns, Sears, and Saks Fifth Avenue department stores, and a Chedraui Chedraui is a publicly traded Mexican grocery store and department store chain which also operates stores in the U.S. in the states of Ca ...
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El Palacio De Hierro
El Palacio de Hierro (officially ''El Palacio de Hierro S.A. de C.V.''; en, The Iron Palace) is an upscale chain of department stores in Mexico. Its flagship store in Polanco, Mexico City, reopened in 2016 after an extensive renovation of US$300 million and an expansion of . It is the largest department store in Latin America and has been a member of the International Association of Department Stores since 2000. History In the 1850s, a clothing store opened in Mexico City called "Las Fábricas de Francia" (''The Factories of France'') which was owned by Victor Gassier, a Frenchman (not to be confused with the currently Fábricas de Francia chain, operated by Liverpool). In 1860, Gassier teamed up with Alexander Reynaud, forming a business called Gassier & Reynaud. In 1876, José Tron, his brother Henri and José Leautaud bought in, forming the association ''V. Gassier & Reynaud, Sucs. S. en C''. In 1879 the business' formal name was changed to ''J. Tron y Cía.''. However, ...
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Mid-luxury
Mid-luxury is a term applied in the U.S. market to fashion, vehicles, hotels, apartments, and other consumer goods and services, for brands that are not as expensive as luxury goods, but more expensive than mass market brands. Fashion Fashion brands identified as mid-luxury in the U.S. market include Brooks Brothers, Coach, Hugo Boss, Zac Posen, Tommy Hilfiger, and Ralph Lauren. Indochino Indochino is a made-to-measure menswear retailer that offers personalized suiting, casual wear, and outerwear. Originally founded as an exclusively online retailer, Indochino has opened 79 showrooms in Canada, the United States, and Australia. T ... is a manufacturer, selling mid-luxury custom-made business shirts direct to consumers. Amazon As of 2018, Amazon U.S. has been struggling to get luxury brands to sell on its platform, but has had success with selling its house brands, such as Pinzon (sheets and other domestics) targeted at the mid-luxury market. Cars "Mid-luxury" is a term equ ...
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Chedraui
Chedraui is a publicly traded Mexican grocery store and department store chain which also operates stores in the U.S. in the states of California, Arizona, New Mexico, and Nevada under the name El Super. It is traded on the Mexican Stock Exchange under the symbol CHEDRAUI. History Chedraui was founded in 1927 in Xalapa, Veracruz by Lebanese immigrant Lázaro Chedraui Chaya and his wife Ana Caram. They founded towards 1920 a haberdashery in the city of Xalapa, Veracruz. Originally the business was called the Port of Beirut, clearly showing its origin, but for 1927 would adopt the name ''House Chedraui: the Only One to Trust''. In 1971 it opened the first supermarket in Xalapa, Veracruz. In 2005 it bought 29 supermarkets from Carrefour in Central and Southern Mexico. Chedraui's primary competition includes large grocers and hypermarkets such as Soriana, Walmart and Comercial Mexicana. According to Hoover's, it is "Mexico's third-largest retailer (after Walmart and Soriana), th ...
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Sears (Mexico)
Sears Operadora México, S.A. de C.V. () is a department store chain located in Mexico, operating 92 stores all over Mexico as of 2022. Sears México is operated by Grupo Sanborns, a division of Grupo Carso. History Early history On 26 February 1947, the first Sears in Mexico was opened in Mexico City by Sears, Roebuck and Co. to an excited public. The location was in Colonia Roma on Avenida Insurgentes, now the site of the Plaza Insurgentes mall, where a Sears store still operates. This was far from the upscale shopping districts at that time, downtown along Avenida Juárez and the department stores just south of the Zócalo. In the first three days of operation around 110,000 guests visited the store spending around $600,000 on goods. In its first week of operation, the store struggled to stock its shelves, requiring three airplanes to fly in more goods from a Texas warehouse owned by the parent company. Its introduction to the Mexican economy is seen by some as helpin ...
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Apple Store
The Apple Store is a chain of retail stores owned and operated by Apple Inc. The stores sell various Apple products, including Mac personal computers, iPhone smartphones, iPad tablet computers, Apple Watch smartwatches, Apple TV digital media players, software, and both Apple-branded and selected third-party accessories. The first Apple Stores were originally opened as two locations in May 2001 by then-CEO Steve Jobs, after years of attempting but failing store-within-a-store concepts. Seeing a need for improved retail presentation of the company's products, he began an effort in 1997 to revamp the retail program to get an improved relationship with consumers and hired Ron Johnson in 2000. Jobs relaunched Apple's online store in 1997 and opened the first two physical stores in 2001. The media initially speculated that Apple would fail, but its stores were highly successful, bypassing the sales numbers of competing nearby stores and within three years reached US$1 bi ...
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Palacio De Hierro
El Palacio de Hierro (officially ''El Palacio de Hierro S.A. de C.V.''; en, The Iron Palace) is an upscale chain of department stores in Mexico. Its flagship store in Polanco, Mexico City, reopened in 2016 after an extensive renovation of US$300 million and an expansion of . It is the largest department store in Latin America and has been a member of the International Association of Department Stores since 2000. History In the 1850s, a clothing store opened in Mexico City called "Las Fábricas de Francia" (''The Factories of France'') which was owned by Victor Gassier, a Frenchman (not to be confused with the currently Fábricas de Francia chain, operated by Liverpool). In 1860, Gassier teamed up with Alexander Reynaud, forming a business called Gassier & Reynaud. In 1876, José Tron, his brother Henri and José Leautaud bought in, forming the association ''V. Gassier & Reynaud, Sucs. S. en C''. In 1879 the business' formal name was changed to ''J. Tron y Cía.''. However, ...
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Cinemex
Cinemex is a Mexican chain of cinemas. It operates multiplexes in cities such as Mexico City, Guadalajara, Monterrey, Toluca, Cd. Juarez, Leon, Tijuana, Mexicali, Puebla and other Mexican cities. In 2015, Cinemex began to expand into the United States under the banner CMX. It initially focused on cinemas with premium amenities; in 2017, this division expanded via its acquisition of Cobb Theatres, making it the eighth-largest U.S. cinema chain. History Cinemex started with a college business plan. Adolfo Fastlicht, Miguel Angel Dávila Guzmán and Matthew Heyman speculated that Mexico was ready for larger movie theaters. When the regulations were lifted with the new Cinematography Law passed in Mexico in 1992, Adolfo Fastlicht and Miguel Angel Dávila decided that Mexico City offered a market for a high-end chain of theaters. In 1994, they secured $21.5m in equity financing from JPMorgan Partners and a partnership of the Bluhm family of Chicago, CMex Investors.and some ...
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Dolce & Gabbana
Dolce & Gabbana (), also known by initials D&G, is an Italian luxury fashion house founded in 1985 in Legnano by Italian designers Domenico Dolce and Stefano Gabbana. The house specializes in ready-to-wear, handbags, accessories, and cosmetics and licenses its name and branding to Luxottica for eyewear. History Early history Domenico Dolce and Stefano Gabbana met each other in 1982 in a Milan club. They had previously designed for the fashion brand of Giorgio Correggiari. In 1983, they established a design consulting studio "Dolce & Gabbana". They presented their first women's collection in 1985 in Milan, where a year later their store would open its doors. The SS 1986 collection was titled Geometrissimo and was debuted alongside five other up-and-coming Italian labels as part of Milan Fashion Week. Dolce and Gabbana did not have enough money to hire models or provide them with accessories, so they sought help from their friends. Their friends served as models and wore ...
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La Martina
La Martina is an Argentine sports and leisure clothing manufacturer. History La Martina was founded by Lando Simonetti, who was working in the fashion industry in the United States until 1985. That year he moved back to his native Argentina. The company originally created leather products such as saddles and boots for use in the sport of polo, and following this the company moved into the creation of other apparel such as shirts and caps. 65% of the materials used in the products are sourced locally in Argentina. In addition to La Martina, Simonetti also founded the Polo Management Group, which managed international polo tournaments in partnership with La Martina. As of 2000 the company had sales of $1.2 million and its products could be purchased over the Internet. Over the 2000s sales for the company then increased to $200 million. At this point, the company began to refocus on polo equipment instead of pure fashion, rearranging its business operations in Europe in order to atte ...
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Salvatore Ferragamo
Salvatore Ferragamo (5 June 1898 – 7 August 1960) was an Italian shoe designer and the founder of luxury goods high-end retailer Salvatore Ferragamo S.p.A. An innovative shoe designer, Salvatore Ferragamo established a reputation in the 1930s. In addition to experimenting with materials including kangaroo, crocodile, and fish skin, Ferragamo drew on historic inspiration for his shoes. Early life Salvatore (registered as "Salvadore") Ferragamo was born in 1898 to a poor family in Bonito, Italy, near Avellino, the eleventh of fourteen children of Antonio Ferragamo and Mariantonia Ferragamo (both had the same surname, which often happened in smaller Italian towns). After making his first pair of shoes for himself, a pair of high heels, at age nine (and his sisters to wear at their confirmation), young Salvatore decided that he had found his calling. Career After studying shoemaking in Naples for a year, Ferragamo opened a small store based in his parents' home. In 1915, he emigra ...
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Mexican Peso
The Mexican peso ( symbol: $; code: MXN) is the currency of Mexico. Modern peso and dollar currencies have a common origin in the 16th–19th century Spanish dollar, most continuing to use its sign, "$". The current ISO 4217 code for the peso is ''MXN''; prior to the 1993 revaluation, the code ''MXP'' was used. The peso is subdivided into 100 , represented by " ¢". The Mexican peso is the 15th most traded currency in the world, the third most traded currency from the Americas (after the United States dollar and Canadian dollar), and the most traded currency from Latin America. , the peso's exchange rate was $20.50 per euro, $19.80 per U.S. dollar, and $15.50 per Canadian dollar. History Etymology The name was first used in reference to ('gold weights') or ('silver weights'). The Spanish word means 'weight'. Compare the British pound sterling. Other countries that use are Argentina, Chile, Colombia, Cuba, Dominican Republic, the Philippines, and Uruguay. R ...
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Saks Fifth Avenue
Saks Fifth Avenue (originally Saks & Company; colloquially Saks) is an American luxury department store chain headquartered in New York City and founded by Andrew Saks. The original store opened in the F Street shopping district of Washington, D.C. in 1867. Saks expanded into Manhattan with its Herald Square store in 1902 and flagship store on Fifth Avenue in 1924. The chain was acquired by Tennessee-based Proffitt's, Inc. (renamed Saks, Inc.) in 1998, and Saks, Inc. was acquired by the Canadian-founded Hudson's Bay Company (HBC) in 2013. Subsidiary Saks Off 5th, originally a clearance store for Saks Fifth Avenue, is now a large off-price retailer in its own right managed independently from Saks Fifth Avenue under HBC. History Early history Andrew Saks was born to a German Jewish family, in Baltimore. He worked as a peddler and paper boy before moving to Washington, D.C. where at the age of only 20, and in the still-chaotic and tough economic times of 1867, only two ...
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