Debenhams Announces Plans for Department Stores in Baltics
British retailer Debenhams announced plans to open an additional department store in Tallinn in the fall of 2014.
A press release from the company said Debenhams plans to open a two-story outlet at Panorama City - a shopping center due to open on the border of Kadriorg and Lasnamäe next year - marking the company's second location in Tallinn after its Rocca al Mare store is opened in September.
The company plans to open six stores in total in the Baltic states within the next five years. Late last year, it also announced plans to expand to Finland.
"Debenhams has been expanding internationally very successfully. As the investors, we see many possibilities in the Baltic market and an opportunity to bring new brands and the best of British design here," said Baltic brand manager Vaiva Kirvelaite.
"We are proud to offer the Debenhams mix of exclusive designers at great value prices to the Estonian and Latvian public, bringing the UK high street experience here for the first time."