Retail

International Internet Magazine. Baltic States news & analytics Saturday, 24.06.2017, 18:49

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Substantial increase in demand for shashlik, cheese, beer and wine during Ligo! holidays

Substantial increase in demand for shashlik, cheese, beer and wine during Ligo! holidays

22.06.2017

ccording to retailers questioned by LETA, there has been a substantial increase in demand for shashlik (marinaded BBQ meat), cheese, beer and wine for the midsummer Ligo! holidays.

Keyword tags: Analytics, Good for Business, Latvia, Markets and Companies, Retail



Liviko increased its economic success due to Latvian border trade

Liviko increased its economic success due to Latvian border trade

22.06.2017

In 2016, the audited consolidated net turnover of AS Liviko, producer and seller of quality alcohol, was 129.7 mln euros and the company paid 70.6 mln euros in alcohol excise. The audited consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) of AS Liviko group was 5.8 mln euros and the net profit was 4 mln euros. The audited consolidated net turnover of AS Liviko grew by 8% in comparison with 2015, with a net profit of 42%, AS Liviko informed BC.

Latvijas Balzams distillery plans to pay EUR 1 per share in dividends

Latvijas Balzams distillery plans to pay EUR 1 per share in dividends

15.06.2017

Latvijas Balzams distillery plans to pay EUR 1 per share from last year’s profit and part of undistributed profit for previous years, according to the company’s statement to the Nasdaq Riga stock exchange on draft decisions of the shareholders meeting.


First Sizeer store in Latvia

First Sizeer store in Latvia

15.06.2017

Marketing Investment Group SA, owner of the Sizeer brand, is continuing its expansion abroad. At the end of May, the group’s first multi-brand store opened in the capital of Latvia. Global advisory company Colliers International is a partner of the Sizeer brand and is supporting its development in the Latvian and Lithuanian real estate markets informed BC.

Baltic consumers spend most in retail chains

Baltic consumers spend most in retail chains

12.06.2017

Consumers of the three Baltic states spend more than half of their spending in retail chains, followed by spending in specialized stores, shows a survey by the research company Baltic Market Insights (Baltmi), writes LETA/BNS.


09.06.2017

Prices for consumer goods and services in Lithuania decreased by 0.1%

Statistics Lithuania informs that in May 2017, against April, prices for consumer goods and services decreased by 0.1%. The overall price change in consumer goods and services was mainly influenced by a decrease in prices for vegetables, fuels and lubricants, heat energy, other appliances, articles and products for personal care, as well as by an increase in prices for fruit, footwear, package holidays, spirits and clothing (see Table 3).

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