Monnari ready for acquisitions and going abroad

Poland's fashion retailer Monnari Trade is planning to make more acquisitions this year and is also considering expansion into foreign markets. The details will be revealed in March or April, the company informed. 'We are searching for some acquisition opportunities. We have been in talks already, but they are only initial negotiations," said board member Anna Augustyniak-Kala. Monnari's CEO Mirosław Misztal said that the company is going to enter foreign markets still this year. "We will know more in March or in April. We are exhibiting our Pabia brand in Milan and, according to the information we have gathered, the feedback is good." He added that the firm is taking into consideration other markets besides the European markets as well. The company has been listed on the WSE since 2006.