ZF: Zara exceeds Jolidon’s business

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.

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