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January 28, 2002

ROMANIA: Greek Clothing Chain To Open Flagship Store

Leading Greek fashion retailer If Ganas has announced it will open a flagship store in Bucharest next month and plans to open a further two outlets in the city later this year. The clothing chain, which posted a 40 per cent increase in 2001 sales to 7.3 million euros ($6.4m) on the previous year, also intends to open franchises in Cyprus and another 10 stores in Greece in 2002.

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