Israeli Fashion Chain CANDID Announces 5 Million NIS Expansion Plan
Israeli men's fashion chain CANDID is investing 5 million NIS to open three new branches in Petah Tikva, Rosh Pinna, and Nahariya this March, alongside renovating its Krayot flagship store.
Israeli men's fashion chain CANDID has announced a major expansion strategy, including the opening of three new branches this coming March as part of a 5 million NIS investment.
The expansion focuses on strengthening the brand's footprint in central and northern Israel. A new branch in Petah Tikva will open with an investment of approximately 1.2 million NIS to serve consumers in the greater Tel Aviv area.
In the north, two additional stores are scheduled to open: a branch in Rosh Pinna targeting residents of the Upper Galilee with an investment of 1.4 million NIS, and a branch in Nahariya in the Western Galilee costing around 1 million NIS.
Simultaneously, the company is allocating 1.5 million NIS to comprehensively renovate its historical flagship branch in the Krayot. Founded in 2017, CANDID specializes in formalwear, wedding suits, casual attire, footwear, and accessories, alongside its e-commerce operations and in-store tailoring services.
