Business news from Ukraine

PERFUMES STORE RETAILER PROSTOR EXPANDS NETWORK TO 292 STORES

Style D LLC (Dnipro), which develops the network of PROSTOR perfumes and cosmetics stores in Ukraine, has opened six new shops in March 2018, expanding the network to 292 stores. According to a company press release, the network was replenished with two stores with an area of 100-150 square meters in Kryvy Rih and one in each of Odesa, Kyiv, Dnipro and Mariupol.
According to the company, the PROSTOR network as of April 2, 2018 had 292 stores in 111 cities of Ukraine.
Style D LLC was established in 2002. The first store of the largest national retail chain of stores in the drogerie format was opened in Dnipro in 2005.
According to the SPARK-Interfax analytical system, the company’s revenue in 2016 increased by 43% compared to 2015 and amounted to UAH 1.482 billion.
At the same time, the company’s net loss amounted to UAH 6.96 million against UAH 1.01 million of profit in 2015.

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