Nord shoes to court women, open boutique chain

Currently the company's shoes are available in over 100 multi-brand stores throughout the country, but in autumn the brand will expand with shoes for women. Exclusive Nord boutiques will most likely be opened in Warsaw and Munich at the end of the year. Further stores will be opened in other large Polish cities within the next two years. "Over the next two years we want to open 15 such stores in Poland. We will open a few boutiques abroad. For the time being we are negotiating with Germans," said Kazimierz Meka, co-owner of Nord. The retail network will expand with the use of own funds and loans or maybe even EU funds, but the company is not planning an IPO. (Puls Biznesu, p.6) M.M.