FASHION
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Fashion Retailer Kik Already at Almost 20 Stores in Romania, Thinks Market Can Take over 250
German-held kik group, which operates in the discount fashion retail and arrived in Romania last fall, has already opened almost 20 stores in this country and plans to reach the 35-store mil...
Fashion Group LPP Headed to RON400M Sales After Budgeting 50% Growth
Polish-held fashion group LPP, which has been operating in Romania for more than a decade now, saw its local sales go up 43% to 273 million lei (EUR57 million) in 2018 and expects growth at...
Second Tier Fashion Retailers: 20 Brands Have 630 Stores and RON2.3B Sales
The clothing market is clearly dominated by three international giants - Inditex (Zara), H&M and Pepco, which have almost 400 stores and more than 3.5 billion lei (EUR760 milion) sales a yea...
Zara Owner Inditex Makes Five Times Higher Pretax Profit in Romania Than in Germany
Spanish-held Inditex group, the owner of Zara, posted five times higher pre-tax profit in Romania than in Germany in 2018, despite the net average monthly wage ratio being the exact opposite...
H&M Revenue Close to RON1B in Romania in 2018
Swedish-held fashion retailer H& posted 915 million lei (EUR193 million) revenue last year, 10% higher than in 2017 and almost double the 2014 level. The retailer’s business has been on the...
Retailer C&A Resumes Expansion
The C&A group, one of the top five fashion retailers in Romania is resuming fast-paced expansion after having chosen to strengthen its local business in 2017 and 2018. It plans to open at le...
Ireland’s Primark Works with 21 Plants in Romania
Irish-held low-price fashion retailer Primark, which owns about 350 stores on a number of markets in the world, works with 21 plants in Romania, which employ almost 3,800 people working to p...
H&M Becomes First Fashion Retailer with RON1B Sales
The sales of Swedish-held retailer H&M went up 12% to more than 1 billion lei (EUR220 million) last year over 2017, which makes it the first retailer to overshoot this mark. Data about Zara...
Fashion Market Follows Grocery Retail Model
The local fashion market put at some 15 billion lei (EUR3.21 billion) has become increasingly attractive to low price retailers like Pepco (Poland), Kik (Germany), and Miniso (Japan). The la...