El Corte Inglés expands its own food brands into Central America

What: In 2023, El Corte Inglés launched its own food brands in Central American countries, including El Salvador, Guatemala, Nicaragua, and Costa Rica, marking a significant step in the international expansion of its product lines.

Why it is important: This expansion strengthens El Corte Inglés' role as a key ambassador of Spanish gastronomy on the global stage, increasing its international presence and enhancing its brand recognition in over 30 countries, while also contributing to its strong financial performance in 2023.

In 2023, El Corte Inglés expanded its food brands into Central America, including El Salvador, Guatemala, Nicaragua, and Costa Rica, as part of a broader strategy to internationalize its product offerings. The company, already present in over 30 countries, also increased the number of product references in Mexico and emphasized its Club del Gourmet brand in the luxury sector there. Additionally, the company's food brands gained prominence in Belgium, Saudi Arabia, and Paraguay as representatives of Spanish gastronomy. This international growth contributed to El Corte Inglés achieving a global revenue of EUR 16,333 million and a significant increase in net profit during the 2023-2024 financial year.