FASHION
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Retailer Pepco On Track to Reaching 300 Stores in Romania
Polish-held discount store chain Pepco has opened 30 stores in Romania since the beginning of the year and is now close to reaching 300 stores. It plans to inaugurate new ones in September,...
Online Fashion Retailer Answear Sales Up 35% in H1
Answear Romania, the local subsidiary of the Polish online fashion retailer Answear, posted growth of 35% in sales in the first half compared with the year-ago period to more than EUR10 mill...
Inditex Sales Up 7% to RON1.8B in Romania in 2019
Spanish-held group Inditex posed almost 250 million lei net profit in Romania last year, which means its net margin was 13%, one of the highest in the retail sector.
Leading Online Fashion Retailers Expect Overall Decline In Fashion Sales In Romania, Online Segment Not As Affected
Online sales of fashion – apparel, footwear and accessories in Romania will not be as affected by the coronavirus pandemic as sales in physical stores considering most people are staying hom...
Polish Retailer ANSWEAR: Online Fashion Market Up Some 50% In Romania In 2019
Online sales of apparel, footwear and fashion accessories in Romania went up 50% last year, according to the estimates of ANSWEAR.ro, the local subsidiary of the Polish group by the same nam...
Fashion Retailer LPP Headed Towards EUR100M Sales in Romania
Polish-held fashion group LPP saw sales up nearly 50% in the first nine months, compared with the year-ago period, keeping the fast growth pace of the previous years.
One Of H&M’s Oldest Suppliers in Romania, Ottorose Rom, Goes Insolvent
Prahova-based Ottorose Rom company, one of the oldest suppliers of fashion retailer H&M in Romania, has filed for insolvency in 2019. This is one of the biggest insolvencies this year so far...
Louis Vuitton Increases Production in Romania, Mass-Market Brands Scale Back Local Operations
Luxury brands like Louis Vuitton and Akris continue to develop local manufacturing operations and hire people, while mass-market brands are cutting the number of plants they work with to mak...
Inditex Group Sales in Romania Up Almost 10% to RON1.7B in 2018
Spain’s Inditex group ended 2018 with 1.7 billion lei (EUR370 million) sales in Romania, almost 10% higher than in 2017. All its eight fashion brands saw a rise in sales by 2% (Bershka) to 3...