SPAIN: Cortefiel To Open 135 New Stores In 2002
Leading Spanish fashion retailer Cortefiel on Monday announced details of an ambitious expansion plan that will see it invest around 60 million euros ($52.3m) in 135 new stores during 2002. Most of the new outlets will be located outside of Spain as the firm looks to build on its existing current international base of 237 stores said Alain Moureaux, its director of international expansion.