FASHION
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Nissa Closes Flagship Store In Piata Romana, Moves To Mall
The lack of parking spots, insufficient pedestrian traffic and unrealistic rents are the reasons that made Romanian fashion manufacturer and retailer Nissa close its flagship store in Piata...
Kenvelo Mulls Start Of Manufacturing In Romania
The local fashion group comprising the KVL by Kenvelo, Lee Cooper and Timeout brands is considering start of manufacturing in Romania, as most of the products it currently sells are made in...
Online Retailer Fashion Days To Reach More Than 450 Employees By Yearend
Fashion Days, one of the largest online fashion retailers in Romania, plans to add about 50 people to its team by yearend, for a total of more than 450.
KVL By Kenvelo, Lee Cooper And Timeout Operator Expects Up To 15% Growth In 2016
KVL by Kenvelo, Lee Cooper and Timeout fashion brands ended last year with a 93 store network and EUR39 million sales together, up 23% on the previous year. The operator of the three brands,...
Second Tier Fashion Brands See Over RON1B Sales From 450 Stores In Romania
On a market dominated by Inditex (Zara), H&M and C&A, whose sales stand at 2 billion lei (EUR449 million) generated by 200 stores, there are also second tier brands, both local and internati...
Fashion Days: Online Fashion Market To Go Beyond EUR200M In 2016
Online sales of apparel, footwear and accessories will see growth of 25% in Romania, and the market will therefore overshoot the EUR200 million mark, the representatives of Fashion Days, one...
Zara Stores Among Most Profitable In Local Retail Sector
Zara Bucuresti, the company that manages the operations of the Zara brand on the Romanian market, operated at a 15% profit margin last year, which makes it one of the most profitable compani...
Fashion Brand Nissa Wants Foreign Markets To Generate 50% Of Its Sales
Nissa, a Romanian family-owned fashion brand, gets 20% of its revenue from foreign markets but its owners want that share to increase to more than 50% in the next few years.
International Fashion Giants’ Sales Reach EUR500M In Romania
Spanish-held Inditex, Swedish-held H&M and Dutch-held C&A dominate Romania’s fashion retail, where their sales reached about 2.3 billion last year (EUR510 million). The three account for 15%...