ZF English

Secuiana to open up to 10 stores

06.08.2008, 20:26 6

Men's clothing manufacturer Secuiana will invest up to 1.7 million euros in retail and aims to open around ten Adam's stores by the end of the year. "Investment in setting up a store, which entails both investing in furniture and lighting, will amount to 15-20,000 euros, while merchandise will amount to up to 150,000 euros. We have opened 5 stores since the beginning of the year, and want to add another 8-10 stores to our portfolio in relation to shopping centre openings. The contracts are already signed, it all depends on the big store chains," Laszlo Dobra, Secuiana's general manager, told ZF. According to the company's manager, retail was the only segment that boosted the company's overall turnover, which amounted to 4.2 million euros in the first half of this year, up by around 18% against the first half of 2007, when it reported turnover worth 3.5 million euros.

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