LPP to expand in Germany

Clothing company LPP has signed agreements for new stores in Germany, according to a press release published on Thursday. One of them will be a flagship store in Berlin. LPP plans to open 30 new Reserved brand stores in Germany in the course of the next three years. By the end of 2014, the Reserved brand will have three new stores in the country. The company is carrying out an earlier planned expansion on the German market. The long-term goal is to expand further westward, the statement said.