Spain's Inditex, which controls Zara, Bershka, Stradivarius and Pull & Bear brands, and C&A, part of Cofra Holding, companies that rank first and third among fashion retailers in Europe, posted more than 80 million euros in sales in Romania last year, with Zara being the top performer among all brands on this market by far.
Inditex, in its third year of direct presence in Romania, saw sales in this country increase by 47% to almost 75 million euros, driven by the expansion of the network from 12 to 36 stores. A further 19 were announced for opening this year.
Inditex's profit reached 17.5 million euros in Romania, 10.9 million euros of which generated by the Zara brand alone.
C&A, the third leading European fashion retailer in turn posted 7.9 million euros in revenues in one year alone and made 30,000-euro profit with 43 employees.
Spain's Inditex, which controls Zara, Bershka, Stradivarius and Pull & Bear brands, and C&A, part of Cofra Holding, companies that rank first and third among fashion retailers in Europe, posted more than 80 million euros in sales in Romania last year, with Zara being the top performer among all brands on this market by far.
Inditex, in its third year of direct presence in Romania, saw sales in this country increase by 47% to almost 75 million euros, driven by the expansion of the network from 12 to 36 stores. A further 19 were announced for opening this year.
Inditex's profit reached 17.5 million euros in Romania, 10.9 million euros of which generated by the Zara brand alone.
C&A, the third leading European fashion retailer in turn posted 7.9 million euros in revenues in one year alone and made 30,000-euro profit with 43 employees.