INDITEX
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Inditex Opens First Zara Home Store Outside Bucharest
Spain’s Inditex, which has eight brands in Romania, among which Zara, will open its first Zara Home store outside Bucharest on September 8, in City Park shopping mall in Constanta.
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...
Mastermind Of Inditex Expansion Returns Takes Reins Of Openville Timisoara
Mihai Cioltea, the Romanian executive who steered the expansion of the Inditex group (Zara owner) in Romania, Kazakhstan and Russia, took the position of chief executive of the Openville pro...
Zara Owner Inditex Sales Reached Almost EUR300M In Romania In 2015
Spain’s Inditex, which has seven fashion brands in Romania, among which Zara, ended last year with almost EUR300 million sales in this country and the online operations contributed 7% to 8%...
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...
Zara Owner Resumes Expansion In Romania
Spanish-held Inditex is set to open ten stores in Romania in 2015 in Bucharest’s Mega Mall and Brasov’s Coresi shopping centers and thus reach 108 units under seven brands, including Zara, P...
H&M Brings New Brand To Romania
Swedish group H&M, present in Romania with the brand of the same name since the spring of 2011, is also bringing Cos brand locally this autumn, being in talks with shopping centers in northe...
Inditex Posts EUR25M Profit In Romania In 2013
Spanish fashion retailer Inditex registered sales of over EUR175 million in Romania in 2013, 16% higher on the year, while its profit was at EUR25 million, the company said in a statement.
Inditex Buys Garments From 100 Suppliers In Romania
Inditex, the owner of Zara brand and the world’s largest fashion retailer, has contracts with around 100 plants in Romania, with Romanian producers accounting for 25% in the group’s total nu...