The entrepreneur founded and developed the business together with his brother Andrei.
“Europe is now our development focus. Any foreign store should have sales matching those of AFI Cotroceni, which is our best store. It has sales of EUR2.3 million per annum. In Europe, we want 15 stores in three years”.
The story of Vagabond Studio started in 2014, when a store was opened on Unirii boulevard with a EUR20,000 budget. Four years later, the first mall store was opened.
At end-2021, Vagabond Studio network had 12 offline stores, an online one and turnover of EUR11.4 million with an over 350-people team.
“In Romania, we will open new stores. This year, we will go to Galati and Craiova, for instance”.
This spring, the company opened the first offline unit abroad, in London.
Development will be carried out directly, not in a franchise system.
Vagabond Studio has an integrated business model, with own production, beside retail. Production activities are carried out in Botosani. The plant produces only for Vagabond Studio.
In the next four years, the entrepreneurs want to reach EUR40 million turnover.
(English version by Catalina Apostoiu)