What: Globus announced to Press its intention to maintain its CHF 300 million investment plan in spite of the difficulties created by 2020 and the pandemic.

Why it is important: Globus was acquired by Central Group and Signa in Feb 2020, showing the investors’ support in spite of the context, significantly degraded since then.

Franco Savastano, Globus CEO, declared to press that the CHF 300 million investment plan that was in the pipe will remain maintained, with a clear focus on store renovations (Zurich in March 2021, followed by Geneva and Basel in 2022) and e-commerce. Globus is clearly aiming at positioning itself as a luxury destination, and reports an increase of 50% in e-commerce sales, from 10 to 15% of total contribution.

Globus confirme son intention d'investir 300 millions et de maintenir ses sites