Esotiq & Henderson to open 61 outlets in 2015

Fashion and cosmetic company Esotiq & Henderson wants to increase the number of its stores by 61 to reach 275 in total before the end of 2015, the company announced. "The company plans to increase its commercial space by 3,500 sqm in 2015. In Germany, Esotiq & Henderson will open up to 10 outlets. The majority of the new stores will operate as a franchise," read the press release. The company's revenues stood at PLN 24.6 million in Q1, an increase of 5.6 percent y/y. Its net profit rose by 24.8 percent y/y amounted to PLN 191,000 in Q1. Esotiq & Henderson specializes in designing, producing and selling clothes and cosmetics. It has been listed on the NewConnect market since June 2011.