Home / Knowledge / News / Apparel/Garments / Baltika's revenues up 7% in Q4
Baltika's revenues up 7% in Q4
04
Jan '11
Baltika's consolidated retail sales revenue for December totalled 4.8 million euros and increased by 11% compared to December previous year in a situation where the sales area shrunk by 9%.

In the month of December, retail revenue increased by 18% in Eastern Europe region (in Russia 19% and in Ukraine 18%). Retail sales revenue in the Baltic region increased by 7% (18% in Latvia and 12% in Estonia).

In the month of December, comparable stores sales per square metre increased the most in Ukraine (+45%), Russia (+20%), Latvia (+12%) and Estonia (+10%).

Baltika's consolidated sales revenue for December totalled 4.9 million euros and increased by 11% compared to December previous year.

Baltika's revenues in the fourth quarter of 2010 totalled 15.1 million euros and increase by 7% compared with the fourth quarter of 2009. Retail sales increased by 7% and wholesale revenue by 1% yoy.

In terms of regions, Baltika's fourth quater retail sales increased by 8% in Eastern Europe and the Baltic region.

In full year 2010, the preliminary unaudited sales of Baltika Group amounted to 52.2 million euros (-8% yoy), including retail sales of 48.6 million euros (-6%) and wholesale of 3.0 million euros (-31%).

At the end of December 2010, Baltika Group had 120 stores with a total sales area of 24,424 square metres, 13 stores less than in 2009. 6 stores were opened and 19 closed during 2010.

Baltika AS.


Must ReadView All

Apparel/Garments | On 27th Jun 2017

Vietnam to build fashion, textile, trading centres

Vietnam's Ho Chi Minh City will build large centres for designing...

Textiles | On 27th Jun 2017

Barcelona’s Unitin develops recycled Indigo yarns

Unitin, a trademark of Industrias Morera SA and a leading textile...

Information Technology | On 27th Jun 2017

ThreadSol to bring fabric solutions to Thailand

ThreadSol, an enterprise material management provider for the sewn...

Interviews View All

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Giorgio Mantovani
Corman S.p.A

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

Kevin Nelson
TissueGen

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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:
July 2017

July 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