Home / Knowledge / News / Fashion / Fashion retailer Baltika March ecom sales surge 25%
Fashion retailer Baltika March ecom sales surge 25%
Apr '14
Baltika’s consolidated sales revenue for March totalled 4,314 thousand euros and remained on the level of same period in previous year.
Baltika’s consolidated retail sales revenue for March was 4,030 thousand euros. Wholesale decreased by 7% compared to March in previous year, e-com sales increased by 25%.
Retail sales increased in Baltic states by 9%, thereof in Latvia +22%, in Estonia +6% and in Lithuania +4%. In Eastern markets – Ukraine and Russia retail sales decreased by 19% compared to same period previous year. In local currency sales decreased in Ukraine by 6% and increased in Russia by 10%.
At the end of March Baltika Group had 123 stores with a total sales area of 23,355 square metres, month average sales area increased by 7% compared to the same period last year.
Consolidated sales revenue for the 3 months totalled 13,441 thousand euros (+2% yoy). Retail sales revenue was 12,385 thousand euros (+1% yoy), including Baltic states sales growth +10%. Wholesale was 951 thousand euros (+15% yoy) and e-com revenues 75 thousand euros (+63% yoy).
Baltika signed a franchise agreement on 13th of March with Spanish enterprise Mirworld Organization, who will open first Monton brand store in Tenerife, in August 2014.


Must ReadView All

Courtesy: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Ashok Desai
Bombay Textile Research Association

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

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Mohammad Hassan
Biax Fiberfilm

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

Aditi Somani
Aditi Somani

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

Amiben Shroff

From its modest beginning in the late 1960s, Shrujan has grown into a...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

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


Leave your Comments

June 2018

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

news category

Related Categories:

Advanced Search