Company Festina Group
Country Spain
Email info@festina.com
Telephone +34 93 486 75 00
Market Segment Bridge
Core Business Watches

Lotus Financial Report

 

Festina Group Financial Report

Financial Data for this company are not publicly available

Official Websites

Lotus website
Lotus ecommerce

Brand doesn't have an official ecommerce

Official Social Media

Brand Description

Establishment

Year
1980
City
Madrid
Country
Spain

Founder

Miguel Rodriguez

Designer

Team of designers

Profile

Realized in 1980, the Spanish businessman Miguel Rodriguez his dream to develop his own watch brand. The first Lotus collection was created by the motivation to deliver high-quality watches with a contemporary design at very affordable prices, which correspond exactly to the tastes of customers. The more than 25 years of success story of Lotus confirms this concept. In Spain, Lotus, with over 1.3 million sold watches for years absolute market leader. Every third Spaniard carries a lotus-Clock. In 2003, the capacity through the acquisition of large factories are finally expanded so that the export of the brand in Germany and France became possible. Meanwhile, there are lotus in many other European countries. Also in 2003, Lotus introduced the series "2gether," an extraordinary collection of ladies watches in combination with matching jewelry. From this idea, a year later with Lotus developed its own style brand for exclusive stainless steel jewelry.

Business Strategy

Market Positioning

Bridge

Core Business

Watches

Target

Men
Women

Product Categories

Accessories
Watches
 

Festina Group profile

Name Festina Group
Website festinagroup.com/
Country Spain
VAT Number n.a.
Telephone +34 915401291
Fax +34 915598116
Date of foundation 1984
Type of Company Private

Headquarters

Plaza Isabel llm 5, 28013 Madrid

Ownership (Top Shareholders)

Festina Group doesn't provide the information on its shareholders.

Lotus Marketing Research

Fashionbi Index Book 2015

With the success of Fashionbi's Index® Book 2014, we now again bring to you a synthesis on Brands' Po...

187 pages
 

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