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Just Changing Proprietor or Globalisation?
18.07.2007 17:06
Just Changing Proprietor or Globalisation?

      The biggest Polish clothes and perfume distributor the group Empik Media & Fashion (EM&F), working on franchising with fashion brands River Island, Esprit and Wallis comes into Russian market. EM&F will buy 40% share of Maratex company, which owns franchising shops Esprit, Peacocks and other in Russia.
      The two sides have signed the engagement agreement, the deal will be closed in autumn. The sum of the deal, about $20-25 mln, is to be invested in developing brands, owned by both Maratex and EM&F. new shops will be opened in Russia, Ukraine and Kazakhstan.
      Empik Media & Fashion is the leading distributor of cloth brands in Poland (Esprit, Aldo, Wallis, River Island, Zara). Its a wholesale distributor of perfume brands Dior, Chanel, Clarins, Shiseido. It possesses retail chain Empik Pelna Kultura (books, magazines, multimedia), kids goods chain Smyk in Poland, Germany and Ukraine.


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