FASHION
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30-Year Old Romanian In Charge Of Global Expansion Of H&M’s COS Brand
Romanian executive Cristian Chipaila was put in charge of the global expansion of COS, the second most important brand of Swedish fashion retailer H&M by number of stores, at the beginning o...
Four Entrepreneurs Make RON180m From Low-Priced Apparel And Footwear
Four young Bucharest entrepreneurs bet on low-priced apparel and footwear retail eight years ago. The four of them now own a network of 161 stores in Romania and the Republic of Moldova, whi...
Online Fashion Retail Beyond EUR100M In 2014
Online orders of apparel, footwear and other lifestyle products reached about EUR100 million in Romania last year. Overall electronic commerce market stood at about EUR1.1 billion and is exp...
H&M Sees Potential For 75 To 80 Stores In Romania
Swedish retailer H&M has expanded its network to 41 stores in Romania in four years from entering the market and continues expansion because there is potential to double it, says Ralf Wein,...
Inditex Revenue Close To EUR200M In Romania
Spanish-held Inditex group, which operates via seven fashion brands in Romania, came close to EUR200 million (872.6 million lei) revenue last year, an increase of 12% without opening a singl...
New Look Fashion Brand Leaves Romania
British fashion brand New Look, introduced in Romania as a franchise, has decided to leave about four years after the opening of its first store in the country.
Romanian Fashion Brands: Three Insolvencies And A Bankruptcy
The financial crisis and the aggressive expansion of foreign brands, such as Zara, H&M and Deichmann, swept the local apparel and footwear market and the first to go down were the Romanian r...
Stefanel: Flagship Romanian Store Contributes 25% Of Sales
The Stefanel brand, which started fashion retail in Romania at the beginning of the nineties when other international names were not even considering expansion to this country, is negotiatin...
Mastermind Of Zara’s Expansion In Romania Moves To Moscow
Mihai Cioltea, the Romanian executive who supervised the expansion of Inditex (Zara) in Romania, has taken the position of head of expansion for the Russian Federation and Kazakhstan with th...