Turkish clothing brand DeFacto plans expansion in Egypt

Turkish ready-to-wear clothing brand DeFacto is planning to expand its presence in Egypt, Kazakhstan, Iraq, and Morocco as part of its plans to open 330 new stores in the next three years, Bloomberg reports. The affordable clothing retailer is targeting a nearly 100% increase in revenues from sales at its international branches by 2020. No details were provided on how many new stores it plans to open in Egypt.