On updated plans for 2006 and forecast for 2007 - 2008
The leading apparel retailer in Baltic States Apranga Group
intends to reach the retail network turnover of LTL 285 – 290
million (EUR 83 – 84 million) (VAT included) this year. The
chain of Apranga Group will consist of 68 stores with the area
of 38.6 sq. m. at the end of the year.
Apranga Group will seek to maintain high growth rates and plans
turnover of LTL 380 – 400 million (EUR 110 – 116 million) in
2007 and LTL 500 – 525 million (EUR 145 -152 million) in 2008.
Apranga Group plans to open 50 new stores by the end of 2008,
30 of which in the capitals of Baltic States, 10 in Kaunas,
also to double number of shops in Latvia and Estonia, and to
develop „Apranga“ brand chain in regional centers of Lithuania.
Prezentation on strategic expansion of Apranga Group is available
on site www.apranga.lt/investuotojams.
Rimantas Perveneckas
General Manager
+370 5 2390 801
