Naturhouse accelerates growth in Ireland by opening five new sales outlets
Madrid, November 2017. Naturhouse, a company specialising in the sale of dietary products and dietary re-education, is accelerating its growth rate in Ireland with the opening of the first five new sales outlets, after the brand launched in the Irish market in September with a master franchise agreement with local company Value Pharmacy Retail Solutions Limited, owned by businessman Francesco Paolo Iacovelli. Through this agreement, Naturhouse will open at least 19 new stores over the next seven years.
The commitment to growth in Ireland heralds Naturhouse’s consolidation in a country that is showing one of the most positive macroeconomic performances in the European Union, while also registering high average income and a high percentage of overweight people.
This growth is led by the opening of a store at the Swan Shopping Centre, which is one of southern Dublin’s biggest, located in a high footfall area. The Irish capital will also welcome up to four sales outlets located in city centre and Dublin’s financial area. Two of these will be set up according to the master franchise model, while the other two concessions will work as franchises.
Félix Revuelta, founder and chairman of Naturhouse, says “The pace of openings in Ireland means we can consolidate our presence in the English-speaking market, where we already have stores in the United States and the United Kingdom. Excellent macroeconomic forecasts also mean we can be highly optimistic about the company’s performance in the Irish market.”