Apparel Retailer Niky Shoots For 1.87 Mln EUR Turnover

F.A.
Ziarul BURSA #English Section / 14 noiembrie 2007

Niky, a chain of 15 apparel stores retailing the Romanian brand Nichi - Cristina Nichita, estimates a 25% increase in turnover to 1.87 million EUR by the year-end, following organic growth across the country. The company recently opened the 15th proprietary store in the Iulius Mall in Cluj following an investment of 35,000 EUR. "Next year, we are planning to open three new stores in Bucharest and one in Iasi," company representatives said. Niky was established in 1995 as an entirely Romanian company. Last year"s turnover was 1.5 million EUR.

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