TEILOR announced an investment plan of RON 30 million in expanding the chain of jewelry stores in the markets of Romania, Poland and Hungary. The company estimates for this year the business to grow by 64 percent, to RON 230 million.
Locally, the company plans to open two new stores, as well as relocate and expand two more units.
“Since the opening of the first stores outside Romania in 2019, our goal has been to continue to expand internationally, at an accelerated pace. In 2020 we had to take a break due to the health crisis, but that period allowed us to consolidate TEILOR’s expansion plans in Central and Eastern Europe,” says Willy Dicu, CEO of TEILOR.
