October 22 (SeeNews) - German cosmetics and consumer goods retailer dm-drogerie markt has said its sales revenue in Croatia increased 2.3% to 2.14 billion kuna ($331.2 million/287.9 million euro) in financial year 2017/2018 ended in September.
In the reviewed period, dm invested 72.6 million kuna in the modernisation of 33 stores throughout Croatia and the opening of three specialised departments for over-the-counter medicines, the company said in a statement last week.
"The business year marked the continuation of the growth of turnover in the OTC segment, which rose by 37.4% on the year. We proceeded with the development of our own brand portfolio, which we expanded with four new brands: LVLY, Langhaarmaedchen, 183 DAYS by trend IT UP, and réell'e, while the share of the own brand in total turnover reached 30.53%", Mirko Mrakuzic, dm director Croatian market, said in the statement.
In 2018, dm plans to invest 80 million kuna into revamping its stores and expanding its offer of products in Croatia.
Dm-drogerie runs 157 stores located in 60 Croatian cities, employing 1,470 people.
(1 euro = 7.43341 Croatian kuna)