Czech property investor and owner of real estate company Pražská správa nemovitostí, Václav Skala is moving into the on-line retail sector by investing in the Bibloo, a fashion retailer. The e-shop was established by Petr Liesner, one of the figures behind the popular e-shop Mall.cz. Liesner told the server e15 that he expects Bibloo to produce revenues of CZK 300m in 2016 following a recent investment of CZK 100m and more to come this year. Bibloo has expanded into Slovakia, Hungary and Romania and plans further openings in Poland and Austria. Liesner claims the retailer will eventually open normal stores in the capitals in each of these countries.
