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 to 864,000 sqm, an increase of 12 percent y/y. LPP is a Polish clothing retailer, which manages brands like Reserved, Cropp, House, Mohito, SiNSAY and Tallinder. It has been listed on the WSE since 2001.