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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...
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...
Jewelry Retailer Teilor to Open Ten More Stores in Rest of 2019
Jewelry store chain Teilor, held by entrepreneur Florin Enache, already has 41 stores in the most important cities of the country and expansion continues in Romania and abroad. The store ope...
Hervis Set to Open 10 Stores in 2019
Sporting goods retail chain Hervis will open ten stores this year, after having inaugurated seven in 2018. The retailer will therefore end 2019 with 40 stores, almost double the 2017 number.
C&W Echinox: Developers To Deliver 1.2 M Sqm of Industrial, Retail, Office Space in 2019
Investors plan to deliver industrial, retail and office spaces with a total area of 1.2 million square meters, a new market record, compared with new spaces of around 850,000 sqm delivered i...
Profi Budgets EUR100M for Investments in 2019
Profi retail chain held by buyout investor Mid Europa Partners, ended last year with more than 900 stores after having opened some 230 new ones in 2018 alone.
IT&C, Retail and Hotel and Restaurant Sectors Account for Half of New Jobs in 2018
Employers hired 96,400 people in the January-October 2018, and almost half of those new hires (48%) went to work in three sectors: IT&C, retail, hotels and restaurants.