BOGNER, the prestigious German fashion brand known for its athluxury sports fashion, is set to enter the Romanian market with the opening of its first store in the country. Located within The Grand Avenue shopping gallery on the ground floor of the JW Marriott Bucharest Grand Hotel, the new boutique spans 131 square meters and is scheduled to open on November 1, 2024. The expansion represents an investment of approximately €500,000 and was facilitated by Cushman & Wakefield Echinox Real Estate consultancy.
The Bucharest store will operate as a franchise under Iceland Romania, a subsidiary of Iceland Bulgaria. Iceland Romania has represented BOGNER in Bulgaria for the past decade, operating three monobrand stores in Sofia and Bansko, along with four multibrand outlets.
Dana Radoveneanu, Head of Retail Agency at Cushman & Wakefield Echinox, noted the impressive growth of the luxury segment in Romania in recent years. “The entry of BOGNER into Romania fills a gap in the athluxury sports fashion market, showcasing the maturity of the local luxury landscape,” she stated. “Physical stores are vital for these brands as customer experience is key. The JW Marriott Bucharest Grand Hotel, a landmark luxury retail destination, is the perfect location for such a venture.”
With a history dating back to 1932, BOGNER combines timeless sporty style with functionality in each collection. Their high-quality ski apparel excels both on the slopes and in urban settings, while their summer collections offer technical golf styles and casual designs suitable for sports fields worldwide.
Dimitar Tsikandelov, Business Development Manager for Iceland BG and Head of Iceland Romania, expressed confidence in the Romanian market’s potential. “Plans for a BOGNER store existed before the pandemic but were delayed. Now that we are returning to normality, we are excited to introduce a monobrand BOGNER to Romania,” he said. “The country’s rising disposable income, GDP, and overall quality of life make it an attractive market. We see a synergy between the dynamism of the Romanian people and BOGNER’s mission of providing functional luxury and comfort for those seeking their next adventure.”
The Grand Avenue is a premier commercial gallery within The Grand complex, known for hosting top luxury brands. Located near significant landmarks such as the Palace of Parliament and the People’s Salvation Cathedral, the JW Marriott Bucharest Grand Hotel offers an exceptional blend of modern luxury and cultural richness. With its distinguished service and quality offerings, the hotel serves as a premier destination for both business and leisure travelers.
Oana Dumitrescu, Sales Manager of The Grand Avenue, expressed enthusiasm for BOGNER’s addition to the gallery. “We are excited to welcome BOGNER to our shopping experience, enhancing our commitment to offering unparalleled access to high-end fashion and lifestyle products in an elegant environment,” she remarked.