OP Prostejov shuts down more shops
2010-06-01
The
Czech clothing manufacturer and retailer OP Prostejov is to close more of its stores. From the beginning of this year until 5 May, when OP Prostejov announced its bankruptcy, the company registered losses exceeding CZK 211m (€8.3m). It also owns to its creditors about $1.6bn. Therefore, by the end of August the company intends to close down another 32 shops. As a result its network will sustain 21 stores.