News » February, 2011 » 4 February 2011
It's official: H&M opens first Romanian store on March 25
04.02.2011, 12:05 | Business | 1153 views
Swedish retailer Hennes&Mauritz, with 14 billion euros in turnover, will begin operations on the Romanian fashion market on March 25. The 1.9 billion-euro market per year saw leading H&M rivals Zara and C&A report profit from the first full year in business. With prices of 5 euros per T-shirt, 9 euros per dress and 19 euros per jacket, the Swedish giant will seek to make room for its business on a market where stores such as Lee Cooper, Cavaliere, Ipekyol, and Mandarina Duck went insolvent, while Zara, C&A and New Yorker continued expansion, at stake being a monthly budget of 7.5 euros per capita. Read more on ZF.ro
|
Latest news in category Business
The volume of construction works dropped to six months by 10.2%, as gross series, taking into account the drops in capital repairs' works, by 18.4%, and in the maintenance and current repairs, by 12%, and as adjusted series after the number of working days and seasonality dropped by 9.4%, according to the National Institute of Statistics. read more...
The National Salt Company - Salrom SA last year achieved a profit of 38.7 million lei, up 86% over 2012, said Alina Floroian, marketing economist with the company. The turnover of Salrom reached 308.3 million lei, up 13% over 2012, she said. read more...
Anca Vlad, the CEO of Catena Grup, is an ardent supporter of entrepreneurial spirit and thinks that you can't have a successful business without taking risks. read more...
|
|