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Monday, March 27, 2006

Reuters Business Channel | Reuters.com

"Turkish gold jewelry maker to expand overseas
Mon Mar 27, 2006 5:04 AM ET

By Clare Black and Humeyra Pamuk

ISTANBUL (Reuters) - Turkey's only listed gold jewelry retailer, Goldas (GOLDS.IS: Quote, Profile, Research), aims to quadruple its overseas presence as part of an ambitious strategy to build a strong brand image.

Cetin Binatli, board member of Goldart Holding, Goldas' mother company, told Reuters that Turkey's top jewelry exporter was planning to open new stores in Russia and China, as well as expanding its domestic outlets via funding from local and international banks."

More:Reuters Business Channel | Reuters.com