ADVERTISEMENT

Yves Rocher sales climb 31% in Hungary

Retail

French cosmetics company Yves Rocher's revenue in Hungary rose 31% to HUF 2 bln last year, the local unit's sales director reported yesterday. Growth in sales could slow this year, but is not likely to decrease, Judit Venczel said. 

Despite new legislation that will force stores to close on Sunday, the company has no plans in the pipeline for layoffs or store closures, she added. Yves Rocher currently has 21 shops and a staff of 115 in Hungary. The company opened four stores last year and hopes to open a few more in 2015.

ADVERTISEMENT

Impact of economic recovery on commercial property sector mu... Analysis

Impact of economic recovery on commercial property sector mu...

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Budapest airport shuttle bus service expanded City

Budapest airport shuttle bus service expanded

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.