Latvia, Markets and Companies, Retail
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Tuesday, 23.04.2024, 18:12
Lithuania's Apranga group raises retail sales by 7.2%
Galina Molochkova, BC,, 01.08.2016.
Print version
Print versionApranga, the largest Baltic clothing retailer controlled by MG Baltic concern, increased its retail turnover (including VAT) by 7.2%, to 113.2 mln euros, in the January-July period of 2016 y-o-y, said Rimantas Perveneckas Apranga Group Director General via Nasdaq Vilnius stock excahnge.
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In July, the chain's retail turnover climbed by 6.8% to 18.9 mln euros, as compared with July of 2015.
Over the first seven months of this year, the group's retail turnover grew by 4.4% in Lithuania, by 5.1% in Latvia and by 21.6% in Estonia y-o-y.
The group currently operates 177 stores in the Baltic states with total area of 81,000 square meters. As compared with the same period last year, the area swelled by 5.2%.
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