Skincare chain Laline mulls UK expansion

Laline Candles and Soap plans to open 50 stores at an investment of $10 million.

Skincare products chain Laline Candles and Soap Ltd. is in advanced negotiations with a British real estate company to jointly open stores in the UK and Barcelona, Laline CEO Zvika Schwimmer said yesterday. Laline plans to open 50 stores at an investment of $10 million.

Laline made the announcement, even though it has not yet signed a contract, or found locations for the new stores. The chain already has three stores in the UK, one in Oslo, and one in Bucharest.

Published by Globes [online], Israel business news - www.globes-online.com - on December 28, 2009

© Copyright of Globes Publisher Itonut (1983) Ltd. 2009

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