Pepkor UK Retail Limited plans to roll out a new discount fashion chain in the UK. The company’s aim is to open about 50 stores in the next few months, which offer children and maternity wear, pursuant to British newspapers’ reports. The company wants to attack fast fashion formats such as Primark, Matalan and TK Maxx. “The Telegraph” announced that currently, Pepkor searches high street stores between 3,000 and 5,000 sq ft.
Pepkor UK Retail Limited belongs to South African based Pepkor, founded in 1965, which operates in the clothing, footwear, accessories and retail sector.