CDRL to open 95 stores

Children's fashion retailer CDRL plans to open 95 new stores in 2015, so it will have 457 outlets by the end of the current year. "The 2015 plan foresees the opening of six own stores and ten as franchisee in Poland; in the EU, the number of new franchise stores will reach 11. We also want to open nine shop-in-shop outlets in the EU and 53 shop-in-shop stores outside the EU. In addition, there will be nine new franchise outlets outside the EU," Marek Dworczak, the CEO of the company, said during a press conference. The company also mulls the opening of ten new stores in Saudi Arabia, where it already has four. CDRL is a children's clothing retailer. It has been listed on the WSE since October 2014.