Reporter
Cristina Roșca
- Fields
- Companies, Retail&Consumer, Analysis
- Writing for ZF since
- 2011
- Articles
- 493
miniPrix’s Sales Seen Under RON50M Threshold In 2015
Low-priced clothing and footwear store chain Miniprix expects its sales are down 20% in 2015, similar with a year before, on the backdrop of giving up various partnerships with the distribut...
Kiabi To Close All Its Stores By End-August
French retailer Kiabi will leave Romania by the end of the month, after closing the six stores in has in Bucharest (4), Constanta and Cluj.
Arctic Headed Towards EUR300 Million Revenue
Arctic, the largest local home appliances producer might end the year with EUR300 million sales, if the growth pace of the first half maintains in the second semester.
McDonald’s Business At Four-Year Low
McDonald’s, the largest competitor on the local restaurant market, posted EUR93.9 million revenue in 2011, down 5.5% on 2010 and almost 15% on 2008, its best year on the Romanian market.
Modern Retailers’ Sales Per Store Down 30%
Modern retailers saw decline in sales per store last year, by over 30%, as consumer spending decline did not stop and they continued to open stores in an attempt to keep revenue at the same...
Former Louis Vuitton CEO: I Would Invest In Retail Because There Is Still Demand
Marcello Bottoli, former chief executive of fashion house Louis Vuitton and currently operating partner with investment fund Advent International, talks about Romania in words that could sti...
Cora Hires 900 People, Opens Two New Hypermarkets This Fall
Cora, a retailer that owns eight hypermarkets on the local market, will hire 900 people for the new stores it plans to open in Bacau (eastern Romania) and Bucharest this year.
Only One Romanian Producer Makes It Among Top Ten Cosmetics Companies
Only one Romanian cosmetics business, Farmec Cluj, made it among the top then cosmetics companies on the Romanian market, which was close to EUR1 billion, last year.
Unilever Managing Director Leaves After Three Years
Marc Desenfans is leaving his position of managing director of Unilever, the second largest company on the local market of non-food consumer goods, after three years, market sources say.
Mengotti Luxury Store In Bucharest Fares Better Than Ones In Italy, Says Owner
Italian-born Adriano Mengotti, who runs a store chain that bears his own name, has hung on to his store on Calea Victoriei, which he kept open throughout the crisis because it had better res...
GO Sport Arrives In Romania To Compete With Decathlon, Hervis And Intersport
The local sports equipment market, which Ziarul Financiar estimates at EUR55 million to EUR60 million, has gained a new player, which will compete against three heavyweights – Decathlon, Her...
Bigotti Might Return To Calea Victoriei, Bucharest’s Luxury Fashion Street
Men’s fashion retailer Bigotti, controlled by businessmen Ion Olteanu and Emil Rosca, is considering reopening its store on Calea Victoriei in Bucharest, where most fashion brands like Max M...