Primark's Prague store will shake up mid-level fashion sector

Primark's Prague store will shake up mid-level fashion sector

Published at: 2019-07-15 11:45 | Author: CIJEurope.com
The Czech tabloid Blesk writes that Czechs are looking forward to being able to shop at the country's first Primark, which will be located in the building Flow East is currently developing on Wenceslas Square. "Construction in the Czech Republic is progressing according to plan and I'm not aware of any delays," Jan Kotrbáček (Cushman & Wakefield) told Blesk News. "The store that's being built in Prague will be a flagship for Central and Eastern Europe. Customers from the Czech lands and Moravia that drove to Dresden, Linz and Vienna will begin driving to Prague because it will be a huge branch that willbe in an interesting location in a new building in the very heart of Prague."

"For many mid-level brands, the entry of Primark will mean tough competition," said Tomáš Prouza. "Many people see their goods as quality goods at very good prices. If they maintain the price levels they have in Dresden, where many Czechs shops, they'll be successful."

Similar Stories:

Ikea opens first kitchen in Poland
Ikea has opened the first kitchen in Poland dedicated exclusively to take-out orders. It i  »
Burger King opening at AFI Cotroceni in Bucharest
Burger King is opening a restaurant at the AFI Cotroceni shopping center in Bucharest on F  »
Dekoria leases 856 sqm at Domoteka retail complex in Warsaw
Dekoria has leased 856 sqm of retail space at the Domoteka retail complex in Warsaw. The  »
Furniture retailers expanding networks in Serbia
Furniture retailers Forma Ideale and Lesnina S are expanding their Serbia networks. Forma  »
When it comes to the development of smartphone apps for the retail sector, most of the act   »
Rumors that Tesco is on the way out of Poland are certainly nothing new, but another Briti   »
You’ve been expanding your portfolio as quickly as possible. How are you using the incre   »
In a deal that’s reportedly still being finalized, Jeronimo Martins and Auchan will take   »