Locked content LPP sales revenue at PLN 415 mln in March

Fashion retailer LPP recorded consolidated sales revenue of PLN 415 million in March, an increase of 10 percent year-on-year, the company announced in a marketing statement. In January-March 2016, the company had revenues of PLN 1.17 billion, which meaning growth of 17 percent y/y. LPP’s retai...

Locked content LPP revenues up by 20%

Fashion retailer LPP recorded revenues of PLN 342 million in February, an increase of 20 percent year-on-year, the company announced in a marketing statement. In January-February 2016, the company had revenues of PLN 759 million, which means that they grew by 21 percent y/y. LPP’s retail space...

Locked content LPP to shrink CAPEX

Polish clothing retiler LPP has informed that its 2016 CAPEX (capital expendituries) will total PLN 370 million , down from PLN 489 million in 2015. LPP said that CAPEX was impacted hard in the fourth quarter by a 20-percent dollar rise Net profits fell in the quarter by 29 percentage points to PLN ...

Locked content LPP net profits at PLN 173.03 mln in Q4

LPP, a Polish clothing retailer, noted consolidated net profits of PLN 173.03 million in Q4 2015, compared with PLN 152,74 million last year. The company’s operational profit amounted to PLN 235.89  million, whereas last year it was 248.2 million. Consolidated sales revenues was noted at PLN 1...

Locked content LPP to pay PLN 35-40 mln in new tax

Polish fashion giant LPP estimated that it will pay around PLN 35-40 million due to the new retail tax, said Przemysław Lutkiewicz, deputy CEO of the company. “We generate around 63 percent of our revenues on the domestic market. Looking at 2015 turnover, we have less than PLN 300 million in r...

Locked content LPP to introduce new brand in February

Polish fashion giant LPP will launch Tallinder, its new brand in February 2016, according to elle.pl webportal. Tallinder’s outlets are to be opened in major commercial centers in the largest Polish cities. The first one will be launched in Gdańsk and six others nationwide in March and April 2...

Locked content LPP revenues up by 13 %

Fashion retailer LPP recorded revenues of PLN 430 million in November, an increase of 13 percent year-on-year, the company announced in a marketing statement. In January-November 2015, the company had revenues of PLN 4.48 billion, which means that they grew by seven percent y/y. LPP’s retail s...

Locked content LPP to open 100 shops in 2016

Polish fashion giant LLP plans to open 100 shops under the banner of all of its brands, 30 percent of which will be a franchising scheme on new markets: Belarus and Kazakhstan. “On unstable markets, we base our expansion on franchising, so that we don’t have to risk our own funds. Next y...

Locked content LPP revenues up by 7% y/y

Fashion retailer LPP recorded revenues of PLN 496 million in October, an increase of 7 percent year-on-year, the company announced in a marketing statement. In January-October 2015, the company had revenues of PLN 4.04 billion, which means that they grew by 6 percent y/y. LPP’s retail space am...

Locked content LPP to expand abroad

Clothing retailer LPP, owner of such brands as Mohito, Reserved and CROPP, wants to continue its international expansion. “Right now 60 percent of our revenue comes from the Polish market. I think we need two years, so in 2017 or 2018 majority of our sales will take place abroad,” said P...