Home / Knowledge / News / Apparel/Garments / Apranga to open 16 new shops in H2
Apranga to open 16 new shops in H2
Aug '08
The retail turnover (including VAT) of Apranga Group has made LTL 233.6 million (EUR 67.7 million) in 6 months of 2008 and has increased by 27.6% comparing to corresponding period of 2007.

The retail turnover of Apranga Group in Lithuania has made LTL 233.6 million (EUR 67.7 million) in 6 months of 2008, has increased by 27.6% comparing to corresponding period of 2007 and was in line with group's operational plans.

The retail turnover of Apranga Group in foreign markets has made LTL 78.1 million (EUR 22.6 million) in 6 months of 2008 and totaled 33.4 of the group's turnover.

Due to the cooling consumer products market, the retail turnover in Latvia and Estonia was lower than the rate of expansion, and by 15% lower than it was planned.

Apranga Group has earned LTL 3.7 million (EUR 1.1 million) unaudited profit before taxes in 6 months of 2008, of which LTL 4.2 million (EUR 1.2 million) was earned in second quarter of 2008. This was respectively 65% and 15% less than in the same periods of 2007.

The total sales area of Apranga Group during one year period has increased from 46.4 to 56.0 thousand sq. m, or by 20.7%. The stores area in the foreign markets has increased from 12.5 to 18.0 thousand sq. m, or by 44.0%

“Apranga” group will open 16 new shops in the second half of 2008.

The Apranga Group retail turnover in 2008 may be around 10% less than it was announced at the end of 2007 because of rapid decrease of consumer products market growth rates in the Baltic States (especially in Latvia and Estonia),also because of 2 months delay in the opening of the shopping centre Panorama in Vilnius.

The plans of the turnover and profit will be adjusted in the beginning o November 2008

The consolidated interim financial statements for 6 months 2008 of Apranga Group, as well as managers' confirmation letter are ready for acquaintance.

Apranga Group

Must ReadView All

Md Siddiqur Rahman, president, BGMEA, addressing a press conference with other dignitaries. Courtesy: BGMEA

Apparel/Garments | On 29th May 2017

BGMEA asks govt for 5% incentive for 2 years in Budget

The Bangladesh Garment Manufacturers and Exporters Association...

Textiles | On 29th May 2017

Special package creates 7,50,000 jobs in garment sector

The special garment package of Rs 6,000 crore that was introduced by...

Textiles | On 29th May 2017

Tintex, Bruckner bring new effects to knitted fabric

The textile company Tintex has joined hands with the system supplier...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mark Paterson
Technical Absorbents Ltd

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Ritu Kumar
Label Ritu Kumar

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

Igor Chapurin

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
May 2017

May 2017

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


Browse Our Archives


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