LPP income surge
15:53
WSE-listed GK LPP SA has announced that the consolidated sales revenue in January 2015 stood at some PLN 341 million, an increase by 7 percent year-on-year.
“The estimated gross margin was at 49 percent and was at the same level as in January 2014,” the press release informed.
LPP is a Gdańsk-based fashion company, whose brands include: Reserved, CroppTown, Reserved Kids, House, Mohito and Sinsay. It has more than 3,000 stores in Poland and abroad. The group's sales revenue stood at PLN 4.116 billion in 2013.
