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Retail turnover rise at leading clothing retailer in July

04
Aug '08
The turnover (including VAT) of the leader of retail apparel market in Lithuania and the Baltic States Apranga Group has made LTL 39.9 million (EUR 11.5 million) in July 2008, or 10,5% more than in July 2007.

The retail turnover (including VAT) of Apranga Group has made LTL 273.5 million (EUR 79.2 million) in January through July 2008 and has increased by 24.8% comparing to corresponding period of 2007.

In January through July 2008 the retail turnover of Apranga Group in Lithuania has increased by 24.7% year-on-year, in Latvia 26.1%, in Estonia 21.7%.

Currently Apranga Group operates a chain of 88 stores (59 in Lithuania, 24 in Latvia, and 5 in Estonia).

Shares of Apranga are listed on Baltic equity list on Vilnius Stock Exchange. Majority shareholder of Apranga Group is concern MG Baltic.

Apranga Group


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