The business, which has 1,243 stores in 43 countries, has opened a string of franchises in the Netherlands and is planning an assault on the UK (Retail Week, September 29).
In a statement, Cortefiel, which trades mainly through its Springfield and Women's Secret brands internationally, said it had signed franchise deals to open 15 stores in the Balkans, a further 15 in the Persian Gulf - including Saudi Arabia and United Arab Emirates - and five in Egypt.
The move by Spain's second-largest retailer comes after rival Inditex, which owns the Zara chain in the UK, last week announced it was to open its 3,000th store worldwide.
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