British retailer New Look will on Thursday open its second store in Romania, within Baneasa Shopping City north of Bucharest. The new store will cover 520 sqm and will join the first unit opened on August 26 in AFI Palace Cotroceni, on a similar surface.

Further New Look store openings are scheduled for Polus Cluj Center and Maritimo Shopping Center Constanta later this year. The retailer has previously said it was planning to invest EUR 10 million in its chain of stores in Romania.

The New Look franchise in Romania belongs to Fourlis group, which also has the franchise for Intersport stores in Romania. Fourlis plans to reach 20 New Look units in Romania in five to eight years. Fourlis Group has attained the franchise rights to develop the New Look chains of stores in Romania and Bulgaria earlier this year.

New Look has over 1.000 stores in the United Kingdom, Ireland, Europe, the Middle East, Singapore, Russia, Malta, Ukraine and Poland.

editor@romania-insider.com

(photo source: New Look)