Magazine Luiza S.A. | Capital Group

Investment date: June 2005

Country: Brazil

Industry: Consumer discretionary

Status: Realized

Magazine Luiza S.A.

Magazine Luiza is Brazil’s third-largest non-food retailer. Magazine Luiza is a retailer of household goods such as kitchen appliances, consumer electronics and furniture. Through its 50% shareholding in Luizacred, a joint venture with Brazil’s Unibanco, the company is also engaged in consumer finance providing consumer credit, personal loans and extended warranty services to customers.