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

Bangladesh apparel exports jump 20% in July–Oct 2018

Apparel/Garments | On 19th Nov 2018

Bangladesh apparel exports jump 20% in July–Oct 2018

Readymade garment exports from Bangladesh increased by 20.08 per cent ...

95% Britishers want shopping centres for all: Hammerson

Apparel/Garments | On 19th Nov 2018

95% Britishers want shopping centres for all: Hammerson

As many as 95 per cent of British people feel that shopping centres...

Courtesy: Hyosung

Textiles | On 19th Nov 2018

Hyosung leading global market with creora

Hyosung is leading the global market with ‘creora’, the brand name of ...

Interviews View All

Ajay Ghariwala, Luthra Group

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Yash Maniyar, Rekha Maniyar

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

DK Sharma, Velocity Apparelz

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Manuele Baggini,

Manuele Baggini

Comec Italia Srl is a world leader in the production of printing machines. ...

Pietro Turrin,

Pietro Turrin

Industrie Tessili Bresciane (ITB) has served numerous industries and...

Franco Ravazzi,

Franco Ravazzi

Italy-based Tessimenti E Orditi Tinti (T.O.T SRL) specialises in stocking...

Kazuaki Yazawa, Purdue University

Kazuaki Yazawa
Purdue University

Scientist <b>Kazuaki Yazawa</b> has developed thermoelectric semiconductor ...

Paige Mullis, Glen Raven Inc

Paige Mullis
Glen Raven Inc

Paige Mullis discusses the expansion plans of Glen Raven Inc in India, and ...

Kevin Nelson, TissueGen

Kevin Nelson
TissueGen

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

Pranav Mishra, Huemn

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave 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

Leave your Comments


November 2018

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

news category


Related Categories:

Advanced Search