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Charles Vögele tries on Hungarian market

According to Világgazdaság, Charles Vögele, the largest Swiss clothing retail chain is to open five shops each in Hungary, Poland and the Czech Republic. Future investments will be based on the economic effectiveness of these shops and if there is sufficient demand new stores may open as soon as 2007. The company plans to open new trial shops in neighboring countries also and to eventually to reach  India or China within the next 5-6years. (Thurs Vg 7) A.H.