Home / Knowledge / News / Apparel/Garments / Apranga opens 1st Stradivarius store in the Baltic States
Apranga opens 1st Stradivarius store in the Baltic States
11
Apr '08
On 9 of April the Apranga Group opens the first Stradivarius store in the Baltic States in shopping and leisure centre Akropolis. The new store of 455 sq. m will present up-to-the minute fashion for the creative and dynamic young women.

Stradivarius is the fourth concept of the global clothing retail leader Inditex that will be developed by Apranga group in the Baltic States. According to the four-year development plan of Apranga Group, the Stradivarius chain in the Baltic States will be expanded up to 10 stores.

The first store of Stradivarius was opened in Barcelona, Spain in 1994 and was acquired by the Inditex Group five years later. Today 388 Stradivarius stores in 25 countries are opened, 77 of them opened in 2007. Net sales of Stradivarius for 2007 reached LTL 1.8 million (EUR 521 million), 22% higher than in 2006.

Currently Apranga Group operates a chain of 86 stores (57 in Lithuania, 24 in Latvia, and 5 in Estonia). The retail turnover (including VAT) of Apranga Group has made LTL 121.5 million (EUR 35.2 million) in 1st quarter of 2008 and has increased by 32.4% comparing to 1st quarter.

Apranga Group


Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search