Logisfashion company from Spain expands operations in Panama
The Spanish company Logisfashion, which manages trade and logistics for the fashion industry with services such as merchandise reception, consolidation, distribution, forwarding or national and international transport, expanded its operations in Panama.
Source: K. Hernández / Martes Financiero
Sergio Daza, director of the company in Panama and Colombia, said they hope to reach $20 million in billing this year 2022 and expand the capacity of the warehouses and cargo handling. Logisfashion has its logistics center for the region in Panama with operations in Colón, Panama Pacifico and the Tocumen International Airport.
In the country it operates with three distribution centers in the Colon Free Zone, Panama Pacifico and the Tocumen International Airport.
Sergio Daza, director of Logisfashion in Panama and Colombia, said that they are focused on the fashion and lifestyle sector. From a warehouse in Colón they began to carry out the entire logistics process to which was added the purchase of Blu Logistics Panama, which allowed them to go from invoicing 2 million dollars to 15.9 million dollars in 2021. This year they hope to exceed 20 million dollars.
“We have a great commitment to the Panamanian market, seven years ago we started in the country with a logistics operation for the entire fashion and textile sector, and last year we expanded operations. We hope to close this year with operations of more than 20 million dollars”, said Daza.
He indicated that international trade trends, with an increase in consumption not only in physical sales but also in electronic commerce, has led them to expand and strengthen operations throughout the chain, from procuring the purchase, bringing the merchandise, carrying out a value-added process of the merchandise in Panama and from here distribute to the entire region.
Daza
said that the goal is to grow at a double-digit rate each year, for which they
are investing in expanding the operating capacities of the wineries. They have
25,000 operational square meters of logistics spaces between Colón, Panama
Pacifico and the Tocumen International Airport. “We are going to expand the
spaces in warehouses to an additional 20,000 square meters. Right now we have
around 150 people working directly for an impact of 700 families and we are
innovating with new technologies. We work for the Inditex group, Samsonite and
other important brands in the world of fashion and lifestyle”. They also
operate in Mexico, Colombia, Chile and will soon open operations in the United
States.