Pádel Nuestro not only expects to close out the current year with record sales of about €55 million, up by 10 percent from last year but also projects a further rise to €80 to €85 million for 2023 – this according to CMDsport, which cites statements to ABC by the executive chairman of 360° Padel Group, Íñigo Colomina.
As we reported at the time, Pádel Nuestro became part of 360° Padel Group – itself owned by Ergon Capital Group – in July.
If all goes to plan, Pádel Nuestro will quadruple its revenues in three years, as CMD observes. Sales for 2020 amounted to approximately €20 million.
To bring about these results, Colomina said, the retailer will be opening six to seven own-stores in Spain, Italy, the U.S. (Miami) and perhaps Belgium. Spain should, in time, account for no more than half of sales.
