Locked content LPP sees revenue at PLN 10.5 billion in 2021

Clothing retailer LPP targets 2021 revenue at PLN 10.5 billion compared to PLN 7 billion in 2017. The company plans investment of PLN 1.5 billion in the network of shops till 2021, LPP said in a statement. The retailer plans online sales share to reach 20 percent in 2021 versus 8 percent currently. ...

LPP leases 16,000 sqm at Panattoni’s Tri-city park

Fashion retailer LPP has leased a total of approximately 16,000 sqm of warehouse and office space at the ongoing Panattoni Park Gdańsk III project in the Tri-city area. The tenant, who will use the leased space to service the online stores of its Cropp brand in eleven countries, will move into the p...

Locked content LPP sees 2018 capex at PLN 520 mln

WSE-listed fashion retailer LPP plans increasing capex by 18 percent in 2018 to PLN 520 million. The company also plans to expand the area of the stores by 11 percent. “Our goal is to gradually increase the average area of stores of all brands to make room for more and more extensive collectio...

Locked content LPP with PLN 115 mln loss in Q1 2018

Clothing retailer LPP recorded PLN 1.58 million in revenue (16 percent more y/y) and PLN 115 million in operational loss in the first quarter of 2018. The market consensus saw revenue at PLN 1.52 million and EBIT loss at PLN 107.7 million. Gross profit from sales amounted to PLN 710 million (a 14.4 ...

Locked content LPP with PLN 299.5 mln Q4 profit

WSE-listed fashion retailer LPP had a PLN 299.5 million net profit in Q4, slightly down from the pre-released estimate of PLN 302 million. This is a 90.8 percent y/y increase. The group’s revenue stood at PLN 2.14 billion, a 15.9 percent y/y growth, while gross profit from sales amounted to PLN 1.24...

Locked content LPP with PLN 302 mln Q4 net profit

WSE-listed fashion retailer LPP recorded PLN 302 million net profit in Q4 up by 90.9 percent y/y according to the company’s early estimates. The group’s revenue stood at PLN 2.14 billion, a 15.8 percent y/y growth, while gross profit from sales amounted to PLN 1.23 billion. For the full 2017, the co...

LPP leases almost 4,000 sqm in Gemini Park Tychy mall

Stores of the brands of fashion retailer LPP – Reserved, Cropp, House, Mohito and Sinsay – will occupy a total of almost 4,000 sqm of space at the Gemini Park Tychy shopping center, which Kraków-based developer Gemini Holding is now developing in Silesia. The project will comprise over 36,600 sqm of...

Locked content LPP with 18% revenue growth y/y in December

WSE-listed fashion retailer LPP has posted consolidated revenue from sales of PLN 893 million in December, marking an 18 percent increase y/y. For 2017, revenue amounted to PLN 7.03 billion, which is 17 percent higher than last year. Internet sales increased by 135 percent y/y to PLN 61 million in D...

Locked content LPP with 24% revenue growth y/y in November

WSE-listed fashion retailer LPP has posted consolidated revenue from sales of PLN 602 million in November, marking a 24 percent increase y/y. For the January-November period, revenue amounted to PLN 6.13 billion, which is 24 percent higher than in the corresponding period of last year. Internet sale...