Zara, the leading brand in the portfolio of Spanish retailer Inditex on the Romanian market, has fetched the company 32.7 million-euro revenues with just five stores, making it into the top five of players in the industry, after falling short of the one million-euro mark a year ago.Zara has left behind underwear producer Jolidon, with 90 stores in Romania and 31.6 million euros in revenues, Staff Collection, which holds Romanian brand House of Art, and Rafar, RTC’s fashion division, which has 28 stores and over 10 brands, and posted less than 30 million euros in turnover last year.
Related posts
-
Transylvania Today: Bucharest has one third of Romania’s university graduates
Most graduates of higher education institutions in Romania live in Bucharest (33 percent), Cluj-Napoca (11 percent),... -
Transylvania Today: Ikea prepares expansion on Romanian market
This is the best time for Ikea’s expansion in Romania, Ikea Group CEO Jesper Brodin said,... -
Transylvania Today: Romania could fall into recession following the electoral cycle
Romanian economy could fall into recession at the beginning of 2021, following the electoral cycle, due...