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"You see many companies that have accessories, but they are luxuries — not functional ones," said Juan Carlos Serna of Rothar.

Nautica, owned by the VF Corporation, already has two stores in Bogotá, one in Medellín, and one in Cali.

Best known in Colombia for its Jumbo brand of hypermarkets, the company's large regional presence highlights its financial stability.

"The Ducati client wants something from the high end that other people don’t have," said Sergio Cordoba.

Though record-high revenue didn't lead to higher profits, Tecnoglass believes investment in “high-return projects" will yield good results throughout 2017.

"In any business — not only bicycles — everything evolves. But it is always for the better," said Jose Eduardo Barrera of Exitos Imports.

Jorge Mejía said he plans to join forces with multiple partners to launch an independent project focused on entrepreneurship.

Clothing retailer H&M recently announced that it plans to open its second store in Colombia on May 27 in Chia, a suburb just north of Bogotá.

"This partnership is a critical step towards achieving our vision of positioning ourselves as a global beach lifestyle leader," said Maaji CEO Miguel Piedrahita.

"We have products for the whole Colombian market — so we’re thinking about quite ambitious growth," said Jhon Fredy Giraldo of LG.