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Thursday, 25.04.2024, 01:38
Sales of Apranga grew by 8.2% in January-November
BC, Vilnius, 01.12.2015.
Print version
Print versionApranga, the top Baltic clothes retailer, saw its retail sales grow by 8.2% in the first eleven months of the year 2015 from a year ago, to 180.1 million euros, informs LETA/BNS.
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In November alone, the group’s sales rose by an annual 7.6% to 17.7 million euros, the retailer said in a filing to the NASDAQ Vilnius Stock Exchange.
In January through November, the group’s sales increased by an annual 8.7% in Lithuania, by 2.2% in Latvia and by 17% in Estonia.
Apranga currently owns a chain of 169 stores in the three Baltic countries, including 100 in Lithuania, 45 in Latvia and 24 in Estonia. Their total area amounts to 78,600 square meters, up by 7.5% compared with a year ago.
MG Baltic Investment, the investment arm of MG Baltic concern, owns 54.1% of shares in Apranga, which is quoted on the blue-chip Main List of the NASDAQ Vilnius Stock Exchange.
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