Company briefs

Jun 18, 2009

The company Capital Department Store (CDS) plans to open an outlet of the second largest chain of British department stores Debenhams in Riga by 2010, Biznes&Baltija reports. CDS is headed by the notorious Grigorijs Rabinovics, who is involved in a number of trial proceedings. Last year CDS obtained a license valid for 10 years for developing the Debenhams brand in the Baltic States. The Debenhams chain is based in the U.K. and Ireland, where it operates 153 department stores stocking c ...

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