Locked content LPP revenues at PLN 471 mln in May

Fashion retailer LPP recorded revenues of PLN 471 million in May, an increase of 5 percent year-on-year, the company announced in a marketing statement. In January-May 2016, the company had revenues of PLN 2.12 billion, which means that they grew by 16 percent y/y. LPP’s retail space amounted ...

Locked content LPP to reach more than 1,000 shops in Poland

Polish fashion giant LPP plans to reach 1,017 shops in Poland and 1,713 in the world by the end of 2016, LPP Vice President Przemysław Lutkiewicz announced. “The opening of the jubilee store will be held in June in Arkadia shopping center in Warsaw; it will be our new premium brand – Tal...

LPP revenues up 23% in IV

Fashion retailer LPP recorded revenues of PLN 472 million in April, an increase of 23 percent year-on-year, the company announced in a marketing statement.

Locked content LPP net profits fall to PLN 351.3 mln in 2015

LPP, a Polish clothing retailer, noted consolidated net profits of PLN 351.3 million in 2015, compared with PLN 479.5 million last year. The company’s operational profit amounted to PLN 502.7  million, whereas last year it was 609.1 million. Consolidated sales revenues were noted at PLN 5.13 b...

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...