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Slovenia Business Week no. 32/2004: Marks&Spencer to Open in Ljubljana in October

The Greek group Marinopoulos will open a Marks&Spencer clothing shop in one of Ljubljana's shopping malls on 15 October, according to a report published in Finance

Spreading over a sales area of 600 square metres, the shop in Citypark will offer mainly clothing for women aged above 25, as well as menswear, clothes for children and cosmetics, the business paper says.

Marks&Spencer is one of the most respected British high street chain retailers, selling clothing, food and furniture. Apart from 375 markets in the UK it also has a further 155 franchise shops in 28 countries.

The retailer is going through bad times at the moment, trying to shrug off its image for old-fashioned clothes.

The business paper says the Greek group that will open the shop in Ljubljana already runs 18 franchise Marks&Spencer shops in Greece, but is also present in Romania and Croatia. In 2003, it generated more than EUR 50m in revenues with the Marks&Spencer franchise alone.

Source: Slovene Press Agency STA

Author: Branka Murn