Our DAX, Sanborns Café and Saks Fifth Avenue stores complete our diversified portfolio. Our Saks Fifth Avenue stores offer products and services similar to the Saks Fifth Avenue stores of the United States, adapted to local preferences, while our DAX stores offer articles of convenience and miscellany, perfumes, cosmetics, personal care and home items through direct sales to the final consumers.
At year-end, Other Formats totaled 53 stores and 69,561 sqm of retail area.
0%
of the total revenue was contributed by Dax, Sanborns Café and Saks Fifth Avenue, together with our other sources of revenue, as of December 31, 2018.
In Saks Fifth Avenue the sales and the profit margins have increased. In Dax, the mixture of products was modified, with fewer groceries and more cosmetics and beauty products.
0sqm
is the total commercial floor space
of our two shopping centers
Plaza Loreto and Plaza Inbursa.
Total Sales
(Million pesos)
We continue to invest in our e-commerce initiatives. In ClaroShop.com, where we have powered the Marketplace, there has been a significant growth in sales.