JB Stores one of the most renowned family-run businesses in Malta has announced details of its latest investment.
They are investing more than 5 million euro in its current projects. Apart from its flagship store in Iklin, it already has four branches, the latest to open being the one in Fgura last Summer. Early in 2019 a larger branch will open in San Gwann. In the past two years, JB Stores has increased its workforce by 50 bringing the total number of employees to 150, and a forecasted addition of 20 positions in 2019.
JB Stores have also secured the first international franchise of the renowned Italian fashion firm Candida. This Candida store marks the launching of the second generation of the JB Stores Group. The official opening ceremony will take place on the 8th of December 2018.
The group is now also diversifying its business and is actively investing in the property and hospitality market.
Candida was set up in Naples in 1994 and in a short time managed to capture wide public attention and become a reference point in the world of fashion clothing. With over 15 shops in mainland Italy and Sicily. The Candida store in Iklin is the first designer style shop that this renowned form has opened overseas.