Kenvelo plans online shop in Romania, 20 more stores in 2014
Clothing retailer Kenvelo, which runs the Time Out, lee Cooper, and Tom Tailor shops in Romania, plans to open 20 more stores across the country, as well as open an online shop next year. The company is currently working on the e-shop, according to Philippe Besadoux, general manager of Kenvelo in Romania, quoted by Mediafax.
Kenvelo invested EUR 2 million in opening 18 shops this year, and hopes for a similar pace of openings in 2014. The chain features 42 shops across Romania, and expects a turnover of about EUR 29 million this year.
Kenvelo is a clothing firm from the Czech Republic which operates approximately 270 stores in 18 countries. The retailer entered the Romanian market in 2001.
editor@romania-insider.com