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Finnish brand FiNN FLARE on February 16 to open store in Globus trade center in downtown Kyiv
15 February 2012
A trade representative of Finland's FiNN FLARE in Ukraine (Kyiv) on February 16, 2012 is to open its own mono-brand store in the Globus trade center on Maidan Nezalezhnosti in Kyiv, which will be the third store in the capital, reads a press release of the retailer.

The press release says that a store, with a gross area of 170 square meters, will combine the functions of a store and a show-room for the work of stylists and journalists.

At present, the FiNN FLARE chains includes two of its own stores in Kyiv and two stores in Ternopil and Kramatorsk operating under franchise contracts.

As reported, the trade representative of FiNN FLARE in Ukraine (Kyiv) is planning to open five stores in the country under franchise agreements in the first half of 2012.

FiNN FLARE (Finland), which sells clothes and accessories, in July 2011 opened its first eponymous single brand store in the Sky Mall trade center in Kyiv. It is planning to invest more than EUR 1 million in the chain's development in Ukraine. This concerns investment in new stores, advertising, marketing programs and other areas.

FiNN FLARE goods are supplied directly from China, Vietnam and Russia, where the company produces its goods.

The company's franchising chain includes 270 FiNN FLARE stores in Russia and ten stores in Kazakhstan. Its own retail chain consists of more than 90 brand stores in Moscow and other Russian cities, as well as eight stores in Kazakhstan.

FiNN FLARE’s headquarters is located in Finland. Finnish company Ruveta OY owns the right to the FiNN FLARE brand.

Source: InterFax Ukraine

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