LC Waikiki, Turkey’s Top Apparel Seller, Sees 29% Sales Growth

LC Waikiki, Turkey’s biggest ready-to-wear retailer, aims to increase sales 29 percent to 3.75 billion liras ($2.1 billion) this year as it opens stores outside Turkey.

The retailer, owned by Taha Group of Turkey, plans to increase the number of its stores abroad to 200 by 2015 from 36 by entering new markets such as Georgia, Saudi Arabia, Iran, Morocco and Azerbaijan, the Istanbul-based company said in an e-mailed statement.