LC Waikiki Retail RO

Type
Business expansion
Country
Romania
Region
Macroregiunea Trei; Sud-Muntenia;
Location of affected unit(s)
Constanta (Constanta County), Oradea (Bihor County)
Sector
Wholesale / Retail
47 - Retail trade
47.7 - Retail sale of other goods, except motor vehicles and motorcycles
47.71 - Retail sale of clothing
100 jobs
Number of planned job creations
Job creation
Announcement Date
16 June 2015
Employment effect (start)
16 June 2015
Foreseen end date
31 December 2015

Description

LC Waikiki Retail RO, subsidiary of the Turkish fashion retailer LC Waikiki, is increasing the number of its employees by 100 by the end of 2015. LC Waikiki plans to increase the number of employees in Romania to 400 and the number of stores to 18, from 14 currently. The Turkish company aims to become one of the top three most successful fashion brands retailers in Europe. LC Waikiki made its first investment abroad in Romania, in 2009. Currently, LC Waikiki has 530 stores in 25 countries.

Sources

  • 16 June 2015: Wall Street
  • 16 June 2015: Adevarul
  • 16 June 2015: Economistul
  • 18 June 2015: Jurnalul de Afaceri

Citation

Eurofound (2015), LC Waikiki Retail RO, Business expansion in Romania, factsheet number 83782, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/83782.