The Italian fashion group Stefanel, which in the spring of 2021 signed the paperwork for the dissolution and liquidation of its local subsidiary, is now returning to Romania through Unic Brands. Unic Brands also brought the Guess brand to the local market. The company, established in 2009, holds the exclusive right to operate Guess and Liu Jo mono-brand stores in Romania.
The new Stefanel store will be opened in Băneasa Shopping City, on a 100 sqm area.
In 2019, Stefanel had a turnover of RON 23.9 million and a loss of almost RON 11 million in Romania, with about 60 employees. In 2020, before the departure, business fell to RON 14.4 million, but the loss was reduced to RON 3.6 million, with 45 employees.
Source: Profit.ro