Grupo Palacio de Hierro, S.A.B. de C.V., founded in 1891 and incorporated in 1989, is a prestigious Mexican retail and lifestyle holding company headquartered in Mexico City. It operates a network of department stores, outlet stores, home furnishing stores, boutiques, restaurants, travel agencies, and beauty clinics, with flagship locations in Polanco, Coyoacán, Puebla, and Monterrey. The company is part of Grupo BAL, a diversified Mexican business conglomerate, and is publicly traded on the Mexican Stock Exchange (BMV: GPH). Its most iconic brand is El Palacio de Hierro, known for its luxury retail and high-end fashion, offering premium products across various categories, including clothing, cosmetics, jewelry, electronics, and home goods. In addition to retail, the company is involved in real estate management and consumer credit services through proprietary financing programs. With over 10,000 employees, Palacio de Hierro reported revenues of MXN $56.08 billion in 2024, reflecting its strong market position. Historically, the company began as a single store in downtown Mexico City and has evolved into a benchmark for luxury and lifestyle retail in Latin America, driven by innovation, customer-centric culture, and strategic expansion.
Headquarters
Moliere 222 4to. Piso Los Morales Seccion Palmas
Mexico City - Miguel Hidalgo; Federal District of Mexico City;
Postal Code: 11540
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Website: https://www.elpalaciodehierro.com/
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