Thursday 7 June 2012

1-800-FLOWERS.COM, Inc. Announces Equity Investment in Brazil's Flores Online

 

1-800-FLOWERS.COM, Inc. Announces Equity Investment in Brazil's Flores Online

We are especially pleased to be working along with Eduardo Casarini and his family, the founders of Flores Online, because they share both our family business culture and our passion for engaging directly with our customers to build deep and lasting relationships. That is why we are very excited to be partnering with Flores Online, one of Brazil's and, indeed South America's, leading floral and gift retailers.

McCann added that, "This investment also offers us the chance to work with Carlos Miranda and his San Paolo, Brazil-based BR Opportunities private equity fund. We believe this mission transcends geographic and cultural borders and, increasingly, our customers expect us to help them with their social expressions both locally and around the world. COM has teamed with San Paolo, Brazil-based BR Opportunities, which has also taken an equity stake in Flores Online. , the world's leading florist and gift shop, announced that it has made an equity investment in Flores Online, one of Brazil's leading floral and gift retailers.

Jim McCann, Founder and CEO, said, "As the world's leading Florist and Gift Shop, 1-800-FLOWERS. Together with Eduardo Casarini and his family, we have formed a team that, we believe, will be able to leverage our combined assets and expertise to build an even stronger and more prosperous Flores Online business in what is one of the most exciting economies in the world today.

1-800-FLOWERS.COM, Inc. Announces Equity Investment in Brazil's Flores Online



Trade News selected by Local Linkup on 07/06/2012