Komex eyes SEE expansion

Komex, the owner of the 5-10-15 children’s clothing brand, is in advanced talks on entering southern and eastern European markets, Puls Biznesu reports. The first market of target in Romania. The first 5-10-15 store in Romania will be opened before the end of this month, said Jacek Korpala, partner at Arx Equity Partners, the majority shareholder of Komex. “By the end of this year we want to open five to seven stores abroad, mostly in Russia,” Korpala said. “We have at the same time suspended expansion in Ukraine.”