Locked content LPP suffers PLN 117 mln Q1 net loss

WSE-listed fashion retailer LPP posted a PLN 117 million net loss in Q1 confirming preliminary results, down from PLN 65.5 million the year before. Revenues amounted to PLN 1.36 billion, a 16 percent increase y/y. Lfl sales grew by 4.6 percent, with the best results recorded in Hungary, Ukraine and ...

Locked content LPP with PLN 524 million revenue in April

Fashion retailer LPP recorded consolidated revenue of PLN 524 million in April, which marks an 11 percent increase y/y, the company stated. For January-April 2017, revenue amounted to PLN 1.886 billion, a 15 percent increase y/y. Internet sales stood at PLN 22.2 million in April and was 76 percent h...

Locked content LPP posts PLN 117 mln net loss in Q1 – preliminary results

WSE-listed fashion retailer LPP posted a net loss of PLN 117 million in Q1 2017, the company said in a market filing with preliminary results. Revenues were up by 16 percent y/y to PLN 1.36 billion, while LfL sales were up by 4.6 percent. EBITA stood at negative PLN 109 million. LPP is a Polish̷...

Locked content LPP enters Belarus

WSE-listed fashion retailer LPP opened its first shops in Belarus. The first LPP brands to have its outlets in Minsk Gallery include Reserved, Cropp and House, with the Reserved store having 2,000 sqm. LPP has franchised its brands to local partners – Rapa Group (Reserved) and TDM Import (Cropp, Hou...

Locked content LPP profit falls in Q4, revenue up

WSE-listed clothing retailer LPP had PLN 158.2 million in Q4, down from PLN 172.3 million year-on-year. The revenue amounted to PLN 1.85 billion in Q4, which is a 17.8 percent growth y/y. For the whole year, the company had PLN 175.9 million in profit (8.2 q/q and 49.9 percent y/y decline) and PLN 6...

Locked content LPP profit down

WSE-listed fashion retailer LPP, which owns brands like Reserved, Cropp, Mohito, had a PLN 158 million in profits in Q4, down 8.7 percent year-on-year, the company’s preliminary results showed. For the whole 2016, the company had PLN 176 million in profit (down from PLN 351 million in 2016) an...

Locked content LPP with 22% revenue growth in January, margin down by 35%

WSE-listed fashion retailer LPP, owner of such brands as Reserved, Cropp and House among others, increased its group sales revenues by some 22 percent year-on-year to PLN 508 million in January, however the gross margin fell by 7 pps y/y to 35 percent, the company said in a market filing. The margin...

Locked content LPP consolidated sales way up in November

LPP Group, the owner of popular clothing brands Reserved, House, Mohito and Cropp, among others, reported on Thursday that consolidated sales revenues in November reached PLN 485 million, a 13 percent increase, y/y, the Polish press reported. “The estimated value of the gross margin on sales was 60 ...

Locked content LPP having success abroad

Polish clothing company LPP said on Tuesday that its total sales have increased by almost 11 percent, y/y, during the first three quarters of 2016. It reported that the highest growth came from sales in its shops in Russia, Ukraine, Bulgaria, Croatia and Romania. What’s more, the company, which mana...

Locked content Clothing giant LPP revenues sky rocket

LPP, the owner of the popular labels Reserved, Cropp and Mohito generated increased revenues in October. The growth was driven partly by increased internet sales, which grew by 180 percent year-on-year. Overall, consolidated revenues, which totalled PLN 614 million, increased by 24 percent during Oc...