Locked content LPP launches store in Kazakhstan

WSE-listed fashion retailer LPP opened its first flagship Reserved store in Kazakhstan’s Almaty last week. The store has 2,385 sqm of retail space. The company plans to launch its three other brands in the city in November, the company said in a market filing and introduce all the remaining br...

Locked content LPP with PLN 125 mln Q3 EBIT

WSE-listed fashion retailer LPP had a PLN 125 million net operating profit in Q3, up by 21 percent y/y, the company said in its preliminary report. The group’s revenue stood at PLN 2.05 billion, a 13 percent y/y growth, while gross profit from sales amounted to PLN 1.05 billion, an 18 percent y/y in...

LPP leases over 3,500 sqm at Tkalnia mall

Fashion retailer LPP has leased more than 3,500 sqm of retail space at the Tkalnia shopping center project which investor A&A is now developing in Pabianice near Łódź. The tenant will open stores of its Reserved, House and Sinsay brands at the mall. The Tkalnia scheme, which will comprise approx...

LPP expands in Waterside building in Gdańsk

Fashion retailer LPP – the owner of such brands as Reserved, House, Cropp and Mohito – has taken up additional space at the Waterside office building in Gdańsk. The tenant now occupies over 4,800 sqm in the location. Knight Frank brokered the lease transaction, acting on behalf of Deka Immobilien, t...

Locked content Dekpol signs contract to expand LPP distribution center

Polish general contractor Dekpol signed an agreement with LPP regarding the construction of a high storage warehouse with a usable area of about 23,000 sqm and an office building with a usable area of around 5,500 sqm as part of the expansion of the distribution center in Pruszcz Gdański, the compan...

LPP leases space at Gdańsk’s Opera Office

Fashion retailer LPP – the owner of such brands as Reserved, Cropp, House and Mohito – has leased almost 2,400 sqm at the Opera Office building in Gdańsk. The transaction was brokered by JLL, the exclusive leasing agent of the property. Completed in 2012, Opera Office comprises a total of 8,200 sqm ...

Locked content LPP plans further Israeli expansion

WSE-listed fashion retailer LPP plans to open its second Reserved store in Israel in H1 2019, furthermore, it mulls opening a Sinsay brand store there as well. The company ultimately wants all its brands to debut on the Israeli market and together with its franchise partner H&O, is currently hol...

Locked content LPP lead shareholders to transfer stakes to private foundations

WSE-listed fashion retailer LPP lead shareholders Marek Piechocki and Jerzy Lubaniec transferred their stakes to two private foundations, LPP reported in a market filing. The transfer was done to “secure continuity of the company’s operations and generational succession.” The foundations, Semper Sim...

Dekpol with contract to expand LPP distribution center

Polish general contractor Dekpol has signed a letter of intent with LPP regarding the construction of a high storage warehouse with a usable area of approx. 23,000 sqm with an office building with a usable area of approx. 5,500 sqm as part of the expansion of the distribution center in Pruszcz Gdańs...