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Report Date : |
07.05.2013 |
IDENTIFICATION DETAILS
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Name : |
C&A Mexico S. De R.L. |
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Registered Office : |
Camino al Iteso 8350, Col. El Mante, Tlaquepaque |
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Country : |
Mexico |
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Date of Incorporation : |
03.12.1996 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Marketing of Clothing and Accessories |
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No. of Employees : |
2,600 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Mexico |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
MEXICO - ECONOMIC OVERVIEW
Mexico has a free market economy in the trillion dollar
class. It contains a mixture of modern and outmoded industry and agriculture,
increasingly dominated by the private sector. Recent administrations have expanded
competition in seaports, railroads, telecommunications, electricity generation,
natural gas distribution, and airports. Per capita income is roughly one-third
that of the US; income distribution remains highly unequal. Since the
implementation of the North American Free Trade Agreement (NAFTA) in 1994,
Mexico's share of US imports has increased from 7% to 12%, and its share of
Canadian imports has doubled to 5.5%. Mexico has free trade agreements with
over 50 countries including Guatemala, Honduras, El Salvador, the European Free
Trade Area, and Japan - putting more than 90% of trade under free trade
agreements. In 2012 Mexico formally joined the Trans-Pacific Partnership
negotiations and in July it formed the Pacific Alliance with Peru, Colombia and
Chile. In 2007, during its first year in office, the Felipe CALDERON
administration was able to garner support from the opposition to successfully
pass pension and fiscal reforms. The administration passed an energy reform
measure in 2008 and another fiscal reform in 2009. Mexico's GDP plunged 6.2% in
2009 as world demand for exports dropped, asset prices tumbled, and remittances
and investment declined. GDP posted positive growth of 5.6% in 2010 with
exports - particularly to the United States - leading the way. Growth slowed to
3.9% in 2011 and slightly recovered to 4% in 2012. In November 2012, Mexico's
legislature passed a comprehensive labor reform which was signed into law by
former President Felipe CALDERON. Mexico's new PRI government, led by President
Enrique PENA NIETO, has said it will prioritize structural economic reforms and
competitiveness. The new president signed the Pact for Mexico, an agreement
that lists 95 priority commitments, along with the leaders of the country's
three main political parties: the Institutional Revolutionary Party (PRI), the
National Action Party (PAN) and the Party of the Democratic Revolution (PRD).
Source
: CIA
|
CORRECT COMPANY NAME |
C&A MEXICO
S. DE R.L. |
|
TRADE NAME |
C&A |
|
TAXPAYER REGISTRATION |
RFC CME961203360 |
|
MAIN ADDRESS |
Camino al Iteso 8350, Col. El Mante,
Tlaquepaque |
|
POSTAL CODE |
45080 |
|
DEPT/PROV/REGION/STATE |
Tlaquepaque / Jalisco |
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COUNTRY |
MEXICO |
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TELEPHONE |
(5233) 31340000 |
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E-MAIL |
jalarcon@cyamexico.com |
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WEB |
www.cyamoda.com |
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Date of foundation |
1996 |
|
permanent employees |
2,600 |
|
Chief Executive |
ALARCÓN BENITO, JUAN CARLOS |
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Disposition |
Moderate. Some data and figures were
confirmed. |
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Payments policy |
Without rating (No payment experience
traced) |
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Credit (**) |
MODERATE RISK. (Acceptable financial
situation but limited). |
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LEGAL STATUS |
Limited Liability Company |
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DATE OF INCORPORATION |
03DEC1996 |
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PLACE OF REGISTRY |
Guadalajara, Jalisco |
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INITIAL CAPITAL |
Ps$.5,000.= Pesos |
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CURRENT EXCHANGE RATE (US$) |
Ps$.12.13 per 1.00 USADollar |
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|
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MEMBERSHIP |
National Chamber of Commerce, Service and
Tourism of Guadalajara |
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COMMENTS |
There was not more information about this
Company's incorporation |
||
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FULL NAMES / COMPANY NAME |
TITLE |
%PART. |
SINCE |
|
ALARCÓN BENITO,
JUAN CARLOS |
General
Director |
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|
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CADENA, JOSÉ LUIS |
Expansion
Manager |
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ROSALES, DANIELA |
Purchases |
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COFRA HOLDING AG |
Shareholder
/ Member |
YES |
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COFRA HOLDING AG |
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BUSINESS
BACKGROUND Company founded in year 2001, based in the city of Zug (Switzerland); it is the holding company for the shares of several companies which make up GROUP COFRA AG, with presence in Europe, North America Asia and Latin America. |
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In 1999, C & A opened the doors of its first store in the city of Puebla. Concerned about the needs and wants of children and youth at-risk in Mexico, it was decided to form C & A Mexico Foundation, which began operating just the year of the opening of the store.
Also, participate in alliances and networks with related institutions to improve the quality of education of adolescents in order for them to have a healthy physical growth, mental and spiritual.
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COMPANY NAME |
COUNTRY |
TAX REG. |
RELATION % |
|
BANCO
BRADESCO S.A. |
BRAZIL |
60746948/000112 |
Related |
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BRADESCARD
MÉXICO S. DE R. L. |
MEXICO |
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Related |
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C
& A ARGENTINA |
ARGENTINA |
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Related |
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C
& A BRASIL |
BRAZIL |
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Related |
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C&A
MODAS S.L. |
MEXICO |
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Related |
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COFRA
HOLDING AG |
SWITZERLAND |
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Related |
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IBI
SERVICES S. DE R.L. |
MEXICO |
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Related |
|
RFS
HUMAN MANAGEMENT S. DE R.L. DE C.V. |
MEXICO |
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Related |
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SIC Classification |
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Main activity |
Marketing of clothing and accessories for the whole family in department store.The products offered by the company includes: Outerwear for women, men, children and babies, shoes, belts, hats, underwear, etc.Brands: C&A, YESSICA, YESSICA PURE, YOUR SIXTH SENSE, CANDA, ANGELO LITRICO, WESTBURY, CLOCKHOUSE, RODEO, PALOMINO, BABY CLUB, HERE & THERE, SOPHISTICATED, FREEDOM, LOOK AT ME, MUSIC ROCKS!, TRENDY STYLE |
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Import |
Yes |
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Country |
China, Spain, Belgium, Peru, Budapest and
Brazil. |
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Export |
No |
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% CASH SALES / METHOD |
100% -credit cards accepted (*) |
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% DOMESTIC PURCHASES |
10% |
% FOREIGN PURCHASES |
90% |
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SELLING TerritorY |
Domestic market - 100% |
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EMPLOYEES |
2,600 |
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LOCATION
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PREMISES |
Rented |
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AREA |
2,000 M2 |
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OTHER PREMISES |
STORESThey have 56 stores throughout Mexico, we mention a few:-Altaria : Blvd. a Zacatecas Fracc. Las Trojes Plaza Altaria, Aguascalientes Aguascalientes. Tel: (449) 993 23 32-Macro Plaza: Insurgentes Blvd Insurgentes 18015 loc subancla 6, Tijuana Baja California. Tel: (664) 660 20 90-The Shoppes at La Paz: Blvd. Pino Payas y Carretera La Paz-Ciudad Constitución S/N , Local S-09, Club Campestre, La Paz Baja California Sur. Tel: (612) 123 63 30-Galerías Campeche: Av. Pedro Sainz de Baranda SN Local 136 Esq. Av. Dársena, CP 24014, Campeche, Campeche. -Crystal : Blvd. Belisario Domínguez #1081 Loc.B1yB Col. Centro CP 29020, Tuxtla Gutiérrez, Chiapas. Tel: (961) 615 90 60-Galerías Tapachula: Carretera Tapachula-Pto. Madero KM 2.5 Col. Las Hortensias entre 7ªSur Y 4ªSur Prol. C.P.30797, Tapachula Chiapas. Tel: (962) 628 15 93-Del Sol: Av. Periférico de la Juventud 351i Colonia Las Haciendas CP 31250, Chihuahua Chihuahua. Tel: (614) 430 10 21-Las Misiones: Blvd Teofilo Borunda 8681 Subancla 2 Colonia Partido Iglesias CP 32618, Ciudad Juárez Chihuahua. Tel: (656) 648 24 95-Galerías Laguna: Periférico Raúl Sánchez # 6000-136 Colonia El Fresno C.P. 27018, Torreón Coahuila. Tel: (871) 750 78 72-Galerías: Blvd. Nazario S. Ortiz Garza 2345 Col. Tanque de la Peña CP 25279, Saltillo Coahuila. Tel: (844) 438 42 00-Zentralia: Tercer anillo periférico esq. Ignacio Sandoval loc. 161, Colima Colima. Tel: (312) 316 37 00-Gran Sur: Anillo Periférico Sur # 5550 - 121 Colonia Pedregal de Carrasco CP 04700 Delegación Coyoacán, Distrito Federal. Tel: (55) 5528 58 65-Centro Histórico DF: Venustiano Carranza No.79 Col. Centro Del. Cuauhtémoc CP 06000, Cuauhtémoc Distrito Federal. Tel: (55) 5130 03 60-Patriotismo: Av. Patriotismo 225 y 229 LA02 C. San Pedro los Pinos D. Benito J. CP03800, Benito Juárez Distrito Federal. Tel: (55) 5278 26 80-Parque Delta: Av. Cuauhtémoc No.462 Local 126 Col. Narvarte Del. B. Juárez CP 03020, Benito Juárez Distrito Federal. Tel: (55) 5440 18 57-Parque Lindavista: Colectores 13 #280 local Sub Ancla-1 Col Magdalena de las Salinas, Gustavo A. Madero Distrito Federal. Tel: (55) 5747 01 60-Reforma 222 : Av Paseo de la Reforma 222 int SA06 y R-06 Col. Juárez, Deleg. Cuauhtémoc, Distrito Federal CP 06600. Tel: (55) 5141 12 90-Tacuba: Calle Tacuba #58 Esquina con República de Chile Col Centro. CP 06000 Cuauhtémoc, Distrito Federal. Tel: (55) 5130 52 90-Oriente Tezontle : Av. Canal de Tezontle No 1520 Local SA-03, Iztapalapa Distrito Federal. Tel: (55) 9129 00 10-Carso: Lago Zurich 245, Local B-01, Col. Ampliación Granada, Del. Miguel Hidalgo C.P. 11320 Miguel Hidalgo México . Tel: (55) 5279 42 70-Forum Buenavista: Eje 1 Nte Mosqueta 259Local SA-PB-02, SA-N1-02, Col. Buenavista, Del. Cuauhtémoc CP 06350, Cuauhtémoc, México. Tel: (55) 1946 22 60 |
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Comments |
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Method of Operation: Direct sale to the general public, sales through consumer credit backed by BANCO BRADESCO SA.C & A Mexico S. de R.L. is a clothing chain preferred by people of medium-income; it offers inspirational fashion with an unbeatable value.
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Disposition |
Moderate. Some data and figures were
confirmed. |
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Information provided |
All the information contained in this report has been collected through indirect sources , public our own files, etc. as it was not possible to get information from the Company directly due to confidential policy. |
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SALES |
US$ 0.00 () |
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FINANCIAL SITUATION |
FAIRC&A MEXICO S. DE R.L. is a big company within its field whose payment behavior is unknown for its high level of imports, yet because of prestige it enjoys and strong foothold it has gained in the market; it is considered a solid company.Financial structure is unknown as refused to provide financial information, this is because it was not revealed the name of the supplier or entity interested in the information; based solely on its global presence, prestige, suggest a minimum initial line of credit and then increase according to their payment behavior. |
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Property of company comments |
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Main assets include:- Shelves and showcases- Furniture and fixtures- Vehicles for transport of merchandise- Security video equipmentEtc. |
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Insurance Comments |
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Unknown. |
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(Confidential Information)
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TRADE REFERENCES |
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Note : Other
suppliers did not provide information or could not be consulted |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.95 |
|
|
1 |
Rs.70.50 |
|
Euro |
1 |
Rs.83.81 |
INFORMATION DETAILS
|
Report
Prepared by : |
NIT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors and their relative weights (as
indicated through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.