Monnari cuts its losses by half in Q1

25 June 2012

With nearly 100 stores now across Poland, the Polish fashion brand Monnari expects to launch seven new locations this year. Established in 2000, the Łódź-based company may be adapting to the tough economic times but it still posted a loss of PLN 1.4m for the first quarter of 2012. Still, it’s a 50 percent improvement over the same period last year. The company’s director Mirosław Misztal told parkiet.plo he expects this improvement to continue in the second quarter of 2012.

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