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Second Tier Fashion Brands See Almost RON1B Sales From Over 500 Stores
Retail&Consumer

Second Tier Fashion Brands See Almost RON1B Sales From Over 500 Stores

International giants like Inditex (Zara), H&M and C&A, dominate the European fashion retail market, as well as the Romanian market, where their sales reach almost 1.7 billion lei (EUR384 mil...

Loredana Frățilă-Cristescu · 17.08.2015 · 08:32 · 2 min
Ocean Fish Plans To Create Own Retail Chain
Companies

Ocean Fish Plans To Create Own Retail Chain

Fish and fish products company Ocean Fish, controlled by Republic of Moldova businessman Ilie Busuioc, is considering expanding into retail by developing its own store chain.

Loredana Frățilă-Cristescu · 10.08.2015 · 00:00 · 1 min
Anchor: Romania’s Real Estate, Retail Markets Seen On Positive Trend
Real Estate

Anchor: Romania’s Real Estate, Retail Markets Seen On Positive Trend

The Romanian real estate and retail sectors are seen on positive trend, according to Affan Yildirim, the new general manager of Turkey’s Anchor Grup, the developer thus starting several inve...

Manuela Panescu · 21.07.2015 · 16:00 · 1 min
Online Fashion Retail Beyond EUR100M In 2014
Retail&Consumer

Online Fashion Retail Beyond EUR100M In 2014

Online orders of apparel, footwear and other lifestyle products reached about EUR100 million in Romania last year. Overall electronic commerce market stood at about EUR1.1 billion and is exp...

Loredana Frățilă-Cristescu · 16.07.2015 · 00:54 · 1 min
Sporting Goods Retailer Hervis' Sales Up 20% In H1
Retail&Consumer

Sporting Goods Retailer Hervis' Sales Up 20% In H1

Sporting goods retailer Hervis saw its revenue rise by more than 20% in the first half, as a result of the stable economy and of the increase in disposable income and in the number of people...

Loredana Frățilă-Cristescu · 14.07.2015 · 00:00 · 2 min
H&M Sees Potential For 75 To 80 Stores In Romania
Retail&Consumer

H&M Sees Potential For 75 To 80 Stores In Romania

Swedish retailer H&M has expanded its network to 41 stores in Romania in four years from entering the market and continues expansion because there is potential to double it, says Ralf Wein,...

Loredana Frățilă-Cristescu · 13.07.2015 · 00:00 · 3 min
EMEA CEO: Citi Remains Committed To Institutional Business In Romania
Banks-Insurance

EMEA CEO: Citi Remains Committed To Institutional Business In Romania

Citi, the US giant that manages almost two trillion dollars in assets worldwide, has redefined its strategy in the last five years, streamlined and restructured the business and decided to s...

Loredana Frățilă-Cristescu · 07.07.2015 · 12:34 · 3 min
Modern Retail in Romania: 2020 Outlook
Retail&Consumer

Modern Retail in Romania: 2020 Outlook

Romania's modern retail sector, which currently numbers about 1,500 stores, will go through a series of structural changes in the next five years, the analysts and the companies in the indus...

Loredana Frățilă-Cristescu · 06.07.2015 · 00:00 · 4 min
Sporting Goods Retail Segmentation Follows Grocery Retail Model
Retail&Consumer

Sporting Goods Retail Segmentation Follows Grocery Retail Model

In a time when price is one of the main factors in a buying decision, private labels are working their way into the EUR400 million to EUR500 million sporting goods market, as well. Names lik...

Loredana Frățilă-Cristescu · 03.07.2015 · 00:00 · 3 min