Cole Haan opens first store in Guatemala
today Nov 23, 2016
US footwear brand Cole Haan continues to expand its footprint in Latin America with its first store in Guatemala.
The luxury footwear label has recently launched a new store at Oakland Mall in Guatemala City, showcasing its latest handbags and shoe collections including its Zerøgrand Perforated Trainer, Grandprø and its iconic oxford shoes.
Cole Haan entered Latin America with a first store in Lima, Peru in 2015, which was followed by a second store in Miraflores.
The shoe brand is also present in Mexico with a boutique in Interlomas and in Liverpool stores; in Panama with a standalone store and at Casacostanera in Chile.
Launched in 1928, the Greenland, New Hampshire-based company is also available in countries such as Singapore, Japan, India, Philippines, Hong Kong and Turkey.
Cole Haan had revenue of $584 million in the year to 27 February 2016, according to ratings agency Moody’s.
Apax Partners and Calceus Acquisition Inc. bought the company for $570 million in November 2012 from Nike Inc.
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