SPAIN: Pepe Jeans To Invest $4 Million In New Stores
British clothing retailer Pepe Jeans is to invest $4.0 million on doubling its presence in the Spanish market. The company moved into Spain in 1989, and currently has 34 shops in the country. Its new investment will see it opening 36 shops in Spain by 2003, according to the company's director for international development, Vicente Castellano.