The French firm will open 6 stores of 1,200 square meters in Argentina over the next 12 months, starting with the Capital and the Greater Buenos Aires area, with an investment that will create 700 new jobs.
Nuevo
Agregar La Derecha Diario en
Compartir:
The Argentina is undergoing a structural transformation that has once again placed the country on the radar of major international trade leagues. Under the firm direction of the economic opening led by the Milei Government, the textile sector, historically protected to the detriment of consumers, is beginning to welcome world-class competitors that promise to revolutionize the domestic market.
In this context of consumption recovery and economic predictability, the French clothing chain Kiabi has officially confirmed its plan for accelerated expansion in the national territory. The operation, which represents another milestone in Milei's management, includes the opening of six stores in the next 12 months. This move not only diversifies the offering but also has a direct impact on the labor market with the creation of a total of 700 new private and productive jobs.
Kiabi in Argentina
The arrival of this low-cost fashion giant is materializing through Grupo One, a company led by prominent Argentine businessman Manuel Antelo in partnership with French associates. This strategic alliance combines the international "know-how" of a brand present in more than 20 countries with the local knowledge necessary to navigate the particularities of the Argentine market.
The territorial deployment of Kiabi has been designed with a focus on efficiency and large scale:
Cutting-edge infrastructure: Each establishment will have an approximate area of 1,200 square meters, a format that, according to European experience, is the "ideal footage to showcase the wide assortment without overwhelming the customer".
Strategic locations: The first stage of the project will focus on the Capital and Greater Buenos Aires, with stores in both top-tier shopping centers and high pedestrian traffic commercial areas.
Federalization of investment: After consolidating its presence in the metropolitan area, the expansion plan firmly aims towards the provinces to cover the entire national territory.
The president, Javier Milei.
Regarding its commercial proposal, Kiabi arrives to compete in the mass fast fashion segment, directly challenging the current offering with a significantly more accessible pricing policy. Its catalog is designed for the Argentine family and includes casual clothing for women and men, children's and youth clothing, sportswear, and accessories. The brand's philosophy is clear: to offer functional garments for everyday use with a "price-quality ratio that differentiates it from the current offering".
This arrival adds to a "wave of international chains betting on Argentina" in this new era of economic freedom. With the backing of figures like Manuel Antelo and under the umbrella of a government that promotes competition, the arrival of Kiabi marks the beginning of the end for inflated prices, demonstrating that the only path to prosperity is full integration into the global market.