OREANDA-NEWS  The Chinese brand of children's clothing and accessories Balabala plans to open 60 stores in Russia in the next three years, said Vyacheslav Shikulov, president and co-owner of the Suitcase, Boggi Milano and Balabala chains in Russia.

"Balabala is the largest brand of children's clothing and accessories in Asia. Today, the brand is actively expanding into global markets and considers Russia as a very promising development platform," Shikulov said at the MALLPIC 3.0 exhibition and forum in Sochi.

He noted that the first store in St. Petersburg opened recently, and seven more stores will be open by the end of the year.

"In total, our company plans to open about 60 stores in the next three years," he stressed.

The Balabala brand was founded in 2002 and offers clothes, shoes and accessories for children aged 0 to 14 years.