Teilor, the Romanian chain of luxurious jewellery shops with a presence throughout the Central and Japanese Europe area, opened its fourth retailer in Hungary this week. Positioned in Budapest, the brand new unit covers 150 sqm, making it the most important Teilor retailer to this point.

Ranging from 2025, the retailer mentioned it could discover increasing into Germany, Austria, Slovakia, and different markets.

“Strengthening the Teilor model in worldwide markets is a part of our mission to change into a globally recognized luxurious model. Our present technique is to deal with the CEE area, which is the primary geographical space the place we would like Teilor to change into the client’s alternative for treasured and semi-precious stones jewellery,” mentioned Willy Dicu, CEO of Teilor.

The brand new Teilor retailer in Budapest is positioned within the Westend Buying Middle, the procuring heart with the best visitors within the Hungarian capital and one of many high malls in Central and Japanese Europe.

At the moment, the Romanian jewellery retailer employs 16 in Hungary, of which 4 staff on the newly opened retailer.

“Contemplating the exterior financial, political, and social context, and the model positioning wants, Teilor is specializing in consolidating its presence within the current markets: Romania, Poland, Hungary, Bulgaria, and the Czech Republic. Ranging from 2025, Teilor will discover increasing into Germany, Austria, Slovakia, and different markets, aiming to open new shops in premium areas,” reads the press launch.

Teilor has 65 brick-and-mortar shops and a strong on-line presence by way of its eCommerce platforms teilor.com, teilor.ro, teilor.pl, teilor.hu, and teilor.bg.

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(Picture supply: Teilor)