Stenders continues worldwide expansion
Latvia-based cosmetic retail chain Stenders is set to open six new franchise locations in China next month. The Stenders Chinese franchise partners are set to open the new stores, which will bring the total amount of Stenders outlets in China to 19.
Ieva Eglite, co-Founder of Stenders, says: 'We are very proud about the success of Stenders products in China's market. This sharp development of new stores in China lets us hope for good success in our future plans of entering into the Hong Kong and Taiwan markets.'
The growth of Stenders in China is part of its international expansion plan. During March the company started franchise negotiations for the Switzerland, United Arab Emirates and Israel territories. The company is also seeking suitable franchisees to expand the brand across the UK.