Sonae

Sonae Invests More Than €110mn In Innovation In 2016

Portuguese multinational Sonae invested a total of €110 million in innovation and R&D during 2016, involving more than 300 partners in 25 coun...

Portugal's Sonae Posts Turnover Increase Of 7.2%

Portuguese retail and services group Sonae has posted an increase in turnover of 7.2% to €5.4 billion, surpassing the five billion euro mark for the f...

Sonae Wins Six Trusted Brands 2016 Distinctions

Sonae’s main retail brands remain at the top of Portuguese consumers’ preferences in the Trusted Brands 2016 survey. Once again, the Co...

Sonae Acquires Two New Assets In Portugal

Portuguese retailer Sonae has announced that its Iberia Coop Fund has acquired two 'retail assets' in the country. The fund, a joint venture between rea...

Portugal’s Sonae MC Posts 5.6% Growth For Full-Year 2016

Sonae MC, the food-retail arm of Portuguese retail and communications conglomerate Sonae, has posted a 5.6% increase in like-for-like sales for full-year 2...

Portuguese Retailers Open 100+ Stores In 2016

Portuguese retailers have opened more than 100 stores in 2016, according to local daily Expresso. The two largest grocery retailers, Sonae and Jer&...

Portugal's Sonae & Hilton Form Joint Meat Venture

Portuguese food retailer Sonae and the UK's Hilton Food Group, a global meat-packing business, have created a joint venture named SOHI Meat Solutions. H...

Sonae Wins Excellence Award For Retail Innovation

Portuguese retail group Sonae has received a 'European Excellence Award 2016' in the 'External Publication' category for its 'Book of Innovation in Retail...