Home / Knowledge / News / Apparel/Garments / Leading apparel company expands retail network in Estonia
Leading apparel company expands retail network in Estonia
29
Aug '08
On August 28, the Apranga Group, leader of retail clothing market in Lithuania and the Baltic States, opens two stores in Tartu, Estonia, concurrently – the first Mango store with an area of 300 square metres and the first Mexx store with an area of 300 square metres.

The stores will open in the new shopping centre Tasku and will be the first stores of the Apranga Group outside the Estonian capital Tallinn.

In the next years, the Apranga Group plans to focus more on the development in the Estonian market, consolidate its positions in all segments and increase its market share.

The development has been planned not only in the Estonian capital Tallinn, but also in Tartu, Pärnu and Narva.

The Apranga Group has been developing the franchise Mango store chain in Lithuania since 2000, the Mexx store chain in Lithuania since 2004, and in Latvia - since 2006.

Currently, the Apranga Group operates a chain of 91 stores in the Baltic States: 60 in Lithuania, 24 in Latvia, and 7 in Estonia.

Over seven months this year, the turnover of the Apranga Group (VAT included) accounted for LTL 273.5 million (EUR 79.2 million), which is 24.8% more as compared to the same period last year.

During the 7 months of 2008, the turnover of retail chain of the Group in Latvia and Estonia amounted to LTL 91.5 million (EUR 26.5 million), which is 24.8% more as compared to the same period in 2007. The share of turnover in foreign markets constitutes 33.5% of the overall turnover of the Group.

This year, the Apranga Group opened 8 new stores and plans to open 13 new stores more and close 4 stores by the end of the year.

Apranga Group

Must ReadView All

Courtesy: Li & Fung

Textiles | On 29th Mar 2017

Li & Fung introduces new 3-year plan 2017-2019

Li & Fung Limited has outlined its next Three-Year Plan (2017-2019)...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Jabong launches Aeropostale on its platform

Jabong has added leading American high-street fashionwear brand,...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search