Lojas Renner S.A. (BOVESPA:LREN3) will look of acquisitions. Fabio Faccio Chief Executive Officer said, “And so that everything may happen, we need to accelerate platforms and important enablers as well that can be seen on the lower part of the slide, driving logistics, technology, data that will allow us to bridge some of our current gaps and go ahead in our business model. And in order to face these plans that last week, we finalized an offering of 102 million in shares, totally funding of almost BRL 4 billion. And these proceeds will bring us agility, flexibility and preparedness, which are necessary to capture all the opportunities associated to the continuity of development of our ecosystem, by means of an organic construction as well as partnerships and acquisitions”.
Lojas Renner S.A. specializes in the retail distribution of clothes and accessories for men, women and children. Gross sales break down by activity as follows:
- sale of products (90.4%): clothes, lingerie, shoes, bags, accessories, perfumes, cosmetic products, etc.;
- financial products (9.6%).
At the end of 2021, the marketing of the products is ensured through a network of 636 stores under the Renner (404), Camicado (119), Youcom (104) and Ashua (9) names in Brazil, and through Internet.
LOJAS RENNER S.A. 
