Time appears to be working in favour of watch retailer Zibi

The company which is the only representative of Casio, Seiko and Atlantic in Poland, plans to widen its scope of activities. "In the immediate future we plan to enter the economy watches segment which has a large potential and is the largest in terms of quantity and at the same time the least consolidated and significantly fragmented," stated Tomasz Kotula, Zibi's marketing director. Although Kotula did not reveal any details, the expansion will probably be connected with the take-over of a sale network. Zibi currently owns 60 stores located in shopping malls and plans to increase the number to 70. The company is also considering  expanding on eastern markets. "We see a chance for development in the expansion on absorbent and perspective eastern markets, in particular in Russia and Ukraine. We intend to create a modern sales and distribution system of watches and small electronics there," revealed Kotula. (Puls Biznesu, pp. 1, 8) E.B.