Businessman Iulian Dascălu, 41, owner of shopping centre chain Iulius Mall, is the first Romanian to have brought into his malls the biggest fashion players - Inditex, H&M, New Yorker and C&A.
Dascălu has signed a contract with clothing retailer C&A, with the latter to open three stores in three of the businessman's five malls. C&A is set to open stores in Palas Iaşi, Iulius Mall Timişoara and Iulius Mall Suceava. The three stores will cover around 4,300 square metres. The biggest one will be the Timişoara store, which will cover two floors, and have a total area of 1,700 square metres. In Iaşi, C&A will open an around 1,380 square-metre store on the ground floor of Palas Mall, while the Mall Suceava store will cover 1,225 square metres, and will also be located on the ground floor.
C&A is the last of the "big four" in Romanian fashion to sign a contract with Dascălu for stores in his malls. The first to come, in 2008, was Inditex, the biggest player in local fashion, with turnover of around 100 million euros, according to ZF estimates based on the company's results in the last two years.
Businessman Iulian Dascălu, 41, owner of shopping centre chain Iulius Mall, is the first Romanian to have brought into his malls the biggest fashion players - Inditex, H&M, New Yorker and C&A.
Dascălu has signed a contract with clothing retailer C&A, with the latter to open three stores in three of the businessman's five malls. C&A is set to open stores in Palas Iaşi, Iulius Mall Timişoara and Iulius Mall Suceava. The three stores will cover around 4,300 square metres. The biggest one will be the Timişoara store, which will cover two floors, and have a total area of 1,700 square metres. In Iaşi, C&A will open an around 1,380 square-metre store on the ground floor of Palas Mall, while the Mall Suceava store will cover 1,225 square metres, and will also be loc