CPB Abogados provided advisory services to Arturo Calle in its entry into the Peruvian market. Our multidisciplinary team of experts in the areas of Real Estate, Corporate and Labor Law, integrated by Luis Mejía, Mario Pinatte, Cynthia Rojas and Paolo Arbulú, has played a key role in all phases of the process.

Arturo Calle's arrival comes with an estimated investment of US$1.7 million, which will be inaugurated in April at the Plaza San Miguel shopping center and will have more than 830 square meters.

"Entering a new market is always a challenge. In this case, we have made a timely and exhaustive reading of the environment, finding favorable investment rates in Peru. Also, 66% of its population is young, which means a great opportunity to position the brand in this group that will continue to buy for a long period of time. We are optimistic about reaching this new market and expect to close sales this year for US$2.03 million, as well as to continue studying related markets," says Carlos Arturo Calle, general manager of Arturo Calle.

With this opening, which will take place in the coming months, the Business Group now has 100 stores in Colombia, and 11 stores at the regional level in five countries: Panama, Costa Rica, El Salvador and Guatemala.

Source: https://www.larepublica.co/empresas/arturo-calle-inaugura-su-primera-tienda-en-peru-y-consolida-11-tiendas-en-la-region-3556178

Team

Luis Mejía
Luis Mejia lmejia@cpb-abogados.com.pe

Luis Mejia

lmejia@cpb-abogados.com.pe

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Mario Pinatte
Mario Pinattempinatte@cpb-abogados.com.pe

Mario Pinatte

mpinatte@cpb-abogados.com.pe

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Cynthia Rojas
Cynthia Rojascrojas@cpb-abogados.com.pe

Cynthia Rojas

crojas@cpb-abogados.com.pe

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Lucia Tello
Lucia Telloltello@cpb-abogados.com.pe

Lucia Tello

ltello@cpb-abogados.com.pe

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Paolo Arbulú
Paolo Arbulúparbulu@cpb-abogados.com.pe

Paolo Arbulu

parbulu@cpb-abogados.com.pe

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