CDRL to have 500 outlets at end-year

Children's fashion retailer CDRL plans to open 50 new stores in Poland and abroad in 2016, so it will have 500 outlets by the end of the current year, Marek Dworczak, CEO of the company said. At the end of 2015, the company had 450 stores. The new openings are planned in Poland, the Czech Republic, Saudi Arabia and Romania. In the period January-December, the company had revenues of PLN 122.35 million recorded in Polish stores. CDRL is a children's clothing retailer. It has been listed on the WSE since October 2014.