Home / Knowledge / News / Fashion / Baltika's consolidated retail revenue up 3% in May
Baltika's consolidated retail revenue up 3% in May
09
Jun '14
Baltika’s consolidated sales revenue from continued operations for May totaled 4,574 thousand euros, increasing by 5% compared to the same period last year.
 
Baltika’s consolidated retail sales revenue for May was 4,278 thousand euros, increasing 3% compared to the same period last year. Wholesale increased by 84% compared to May in previous year, e-com sales decreased by 38%.
 
Retail sales increased in Baltic states by 6%, thereof in Latvia +19%, in Lithuania +10% and decreased in Estonia by 3%. In Russia retail sales decreased by 11% compared to same period previous year. In local currency sales increased in Russia by 5%.
 
At the end of May Baltika Group had 126 stores, among which 2 franchise stores in Belarus and 17 franchise stores in Ukraine. At the end of month the sales area of shops operated by Baltika was 20,189 square metres and the month average sales area increased by 2% compared to the same period last year.
 
Consolidated sales revenue for the 5 months totalled 21,008 thousand euros, increasing +4% yoy. Retail sales revenue was 19,200 thousand euros (+2% yoy), including Baltic states sales growth +8%. Wholesale was 1,632 thousand euros (+27% yoy) and e-com revenues 118 thousand euros (+37% yoy).
 
In connection with Baltika’s exit from the Ukrainian retail business and selling the company there (agreement was signed on 29 April 2014), the sales revenue of the Ukrainian entity is presented as discontinued operation. Sales announcement presents only the results of continuing operations unless indicated otherwise.
 

Baltika


Must ReadView All

Pic: Shutterstock

Textiles | On 19th Apr 2021

NCTO seeks approval for collection of China 301 duties

The National Council of Textile Organizations (NCTO) of the US has...

Pic: Dong Nhat Huy / Shutterstock.com

Apparel/Garments | On 19th Apr 2021

Vietnam's export sectors become M&A targets for foreigners

Vietnam's textiles-garment and leather-footwear sectors are facing a...

Pic: Canada Goose

Apparel/Garments | On 19th Apr 2021

Canada Goose commits to transitioning 90% materials to PFMs by 2025

Luxury apparel maker Canada Goose is committed to transitioning 90...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Verticals like fast fashion won’t completely adopt personalisation on...

Textile Industry, Head honchos

Textile Industry
Head honchos

Fashion tech has to be lean and very productive

Textile Industry, Head honchos

Textile Industry
Head honchos

Wearables have very limited reach

Prakhar Singh,

Prakhar Singh

Morgan Tecnica offers the largest and most modern range of solutions for...

Dhirubhai & Arvind Shah,

Dhirubhai & Arvind Shah

It supplies synthetic fabrics to top international brands like M&S,...

Sanjay Vakharia,

Sanjay Vakharia

One of the first few Indian denim brands, Spykar, established in 1992, was ...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Karan Bose, Hula Global

Karan Bose
Hula Global

Hula Global, a leading isolation gown manufacturer in India, has been...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

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


April 2021

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


Advanced Search