Fashion chain Golf & Co. said Sunday it will open seven new stores by the end of the year, adding to the eight it set up in the last few months. The stores, which range in size from 80 to 250 square meters and are spread country wide, are being established up as part of a marketing program launched at the company some two years ago. These will add to the 156 stores the company operated in the third quarter.
Golf reported Sunday sales of NIS 151.9m. during the quarter, showing growth of 13.5% over the parallel period last year. Net income grew to NIS 10.8m. for the quarter from NIS 5.9m. last year.