Apranga, which is the largest apparel retailer in the Baltic States and is owned by the MG Group, posted EUR 284.5 million in revenues during the first ten months of this year, including VAT, and that was an increase of 8.1% as against the same period last year.
The group’s sales in Lithuania grew by 6.7% in Lithuania, 14.7% in Latvia and 3.2% in Estonia, Apranga declared via the Nasdaq Vilnius Stock Exchange on Monday.
In October alone, the group recorded a 3.3% annual increase in sales to EUR 33.1 million.
Apranga operates 103 stores in Lithuania, 44 in Latvia and 24 in Estonia, for a total of 171. The total area of the stores is 92,000 m2, and that is an increase of 1.7% year-to-year.
Source: BNS
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