EMF to shut language schools in Q2

Retailer Empik Media & Fashion wants to complete the transaction of sale of its language schools in May or June 2015, Krzysztof Rybiański, CEO of the company told ISBNews. In H1 2015, the company plans to finalize the transaction of sale of its fashion stores, he added. Talks on the conditions of the sale of the schools are held with potential buyers. The company also owns 44 fashion outlets, which are to be sold before the end of Q2. Empik Media & Fashion Group is a leading distributor of products in the following categories: media, entertainment, lifestyle, children's products, clothing, footwear, cosmetics, and language courses. The EM&F Group has been listed on the Warsaw Stock Exchange since 1997.