Greece’s Altex brings fashion brand Funky Buddha to Romania
<p>The Greek retailer Altex - with a similar name to the most powerful electro-IT retailer in Romania - is bringing the Funky Buddha store network, a clothing brand for men and women, to the local market, according to <a href="https://www.profit.ro/povesti-cu-profit/retail/foto-surpriza-altex-ul-grecesc-aduce-in-romania-reteaua-de-magazine-funky-buddha-21939751?mc_cid=caeb685021&amp;mc_eid=cd1f92f96c" rel="noopener" target="_blank">Profit.ro</a>.</p>

<p>Founded in 2005, the Greek company Altex has two distinct brands in its portfolio, namely Funky Buddha (clothing retailer) and Fifty-Five Garage (Wholesale).</p>

<p>It currently has 350 employees and a turnover of EUR 44 million.</p>

<p>Altex does not own any factories, with approximately 60% of production being in China and the rest in various other countries.</p>

<p><em>iulian@romania-insider.com</em></p>

<p><em>(Photo source: Facebook/<a href="https://www.facebook.com/FunkyBuddhaRo?__tn__=-UC*F" role="link" tabindex="0">Funky Buddha</a>)</em></p>