The turnover of Diego’s home furnishing chain continued to grow
Diego’s home furnishing chain’s sales revenue reached 18.8 billion forints last year, 15 percent more than in the previous year and the company expects a 12 percent increase in turnover in 2018 – the company told MTI.
The after-tax profit of the Diego Kereskedelmi és Szolgáltató Kft. (Diego Commerce and Service Ltd.) in 2017 was 384 million HUF, after the 436 million HUF of 2016.
Founded in 1992, the Hungarian-based company started to build its franchise network in 1996.
Diego has a total of 154 stores, including 98 in Hungary, 34 in Romania, 20 in Slovakia and two in the Czech Republic. (MTI)
Related news
DIEGO starts 2025 with optimistic plans
Increasing price sensitivity, an unpredictable regulatory environment and new shopping…
Read more >Waberer’s would double its earnings by 2031
Despite the challenges, Waberer’s closed last year with record results.…
Read more >Positive PR became DIEGO’s official PR agency
Positive Adamsky’s member agency, Positive PR, has become the official…
Read more >Related news
Easter trends: what are shoppers looking for this year?
Last March, before Easter, nearly 90 thousand boxes, i.e. almost…
Read more >The Body Shop, an international cosmetics company, and TOURMIX, a Hungarian green logistics startup, enter into a strategic partnership
Two key players in the sustainability market, The Body Shop,…
Read more >Dethronement in the luxury world: Hermès overtakes LVMH
A new era may be dawning for the luxury industry:…
Read more >