Superdry to become largest UK retailer to open in Turkey
The owner of the Superdry fashion brand has signed a deal with a franchise partner to launch stores in Turkey, becoming the latest UK retailer to open in the country.
SuperGroup has signed a five-year agreement with Demsa Group, and will open its first store in Istanbul in October. It will then launch another store in the capital and one in Ankara by early 2014.
Supergroup chief executive Julian Dunkerton said: "Turkey is a territory that has held our interest for some time and our partnership with Demsa Group offers the perfect opportunity to enter this diverse and growing market.
"Demsa Group has an excellent understanding of our brand ethos and we look forward to growing the partnership."
Demsa will also run Superdry shops within Harvey Nichols stores in Turkey. Marks & Spencer, Topshop and Tesco have stores in the country, which has a population of 74 million.
- 1 Venezuela Expo Tattoo 2015: Extreme body art from 'Vampire Woman' to 109mm earlobes
- 3 Ball pool for adults opens in London
- 4 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
Putin opponent reveals Russian President's daughter's secret identity
Ball pool for adults opens in London
Gay couple buy JebBushForPresident.com web domain, and refuse to sell
16 Waitrose customers who could not cope with the end of free coffee
9 reasons Greece's experiment with the radical left is doomed to failure
Have we reached 'peak food'? Shortages loom as global production rates slow
Greece elections: Syriza and EU on collision course after election win for left-wing party
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
King Abdullah dead: We can't afford not to hold Saudi Arabia's royals to account
iJobs Money & Business
£40000 - £50000 per annum: Recruitment Genius: This is an exciting opportunity...
£30000 - £35000 per annum + Benefits: Ashdown Group: Marketing Manager - Marke...
£13000 per annum: Recruitment Genius: This Pension Specialist was established ...
£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...