Closed Stores in Romania. Intersport Franchisor and Foot Locker, Hit by Market Environment "Unlike Difficult. . Closed 2 Stores and Accelerates Restructuring - HotNews.ro
4 Articles
4 Articles
The Greek group Fourlis, the owner of the Intersport and Foot Locker franchises in Romania, went on to lose in the middle of the year, despite the growing sales, being affected by inflationary pressures and the environment, especially difficult in Romania, reveals the data analyzed by Profit.ro. The CEO John Vasilakos says that the retailer accelerates his plans for cost reduction and optimization ...
The Greek Fourlis Group, which operates in Romania the Intersport and Foot Locker stores, closed two Intersport units and announced additional measures to reduce costs and reorganise operations. The decision comes in a difficult economic context, in which the group went to loss in the first half of the year, although sales continued to grow. According to data [...]
The Greek Fourlis Group, operator of the Intersport franchises and Foot Locker in Romania, accelerates its restructuring plans on the local market, where it has already closed the first two Intersport stores, on the basis of a particularly difficult consumption environment. Although the group's consolidated sales have increased in the first half of the year, inflationary pressures and lower profitability have pushed [...]
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