With its headquarters in Mauritius, Luxos Group operates mainly in Southern Africa, as well as in the Indian Ocean Islands. With more than 100 years combined experience in the region, major brands have entrusted the Group with exclusive marketing, wholesale, and distribution rights for their products.
The Luxos Group (with its many subsidiary companies, both local and overseas), is managed from the Indian Ocean island of Mauritius by a dedicated team that oversees Sales, Exports, Administration, Merchandising, and Stock Management at its centrally situated offices in Floréal.
A well-established and reputable International Financial Centre, Mauritius is strategically located at a very convenient 4-6 hours flying time from the regional hubs of Dubai (Asia); Johannesburg (Southern and Central Africa); and Nairobi (East & West Africa, and beyond).
Goods ordered from the various international brands represented, arrive, usually by air, in larger volumes from a single source and are transferred into one of the Freeport operators’ premises in Port Louis. The Company is then able to split the goods into respective orders for its different outlets, both local and overseas. This process involves some degree of repackaging and relabeling for individual orders, before re-export orders are delivered back to the airport for onward transport to the region. Goods destined for the local market are cleared from the custom-bonded warehouse according to demand, using the ‘just-in-time’ principle.
The principals of the Company, with their long experience of doing business on the African continent, are united in their belief that Africa is the next fast developing consumer market. After securing the distribution rights for a number of fashion watch brands for Mauritius and selected Southern African countries, Luxos was launched successfully in 2010, with the objective of becoming the premier distributor of luxury and fashion brands, wearables, and accessories in the region, particularly in sub-Saharan Africa; and, beginning with Southern Africa.
The Executive Team at Luxos are fully convinced of the massive and increasing pent up demand for branded luxury fashion goods and accessories. The following facts allow for much optimism and ambition as Luxos rolls out its own expansion program in Africa:
• Africa’s middle class will grow from 310 million to over 1 billion over the next 50 years
• 7 African countries have been amongst the 10 fastest growing economies in the world for the period 2011 to 2015
• Annual FDI, at $80Bn in 2010 has increased to $150Bn by 2015
• By 2040, Africa will have 1.1Bn people of working age, more than China or India
• In 2014, Africa reached over 100m households with incomes in excess of $5,000
• Africa already has more households than India in the category of incomes of $20,000 or more