Luanvi expects to see its revenues grow by 15 percent this year compared to 2021, with sales reaching €16.6 million. As reported by Palco23, growth is expected to come from expanded international presence through local distributors. The Spanish brand will put a special focus on Latin America and France. Luanvi is currently present in more than 30 countries, with Europe accounting for 65 percent of its total sales. Spain makes up 90 percent of its European sales, followed by Italy, Portugal and Greece, says the article. The company’s core business lies in the sale of sports equipment to clubs and other sports entities, which accounts for 80 percent of its total turnover. Luanvi’s products are designed in Paterna, near Valencia, where the company has its 8,800-square-meter headquarters, although most items are then manufactured in Asia.

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