LPP to expand retail space by 9% in 2017, over 10% in 2018
14:44
Fashion retailer LPP plans to increase its retail space by 8-9 percent in 2017 and over 10 percent in 2018, deputy CEO Przemyslaw Lutkiewicz announced.
In 2016, the company is eyeing floor space growth of 9 percent up to 920,000 sqm.
In addition, the retailer wants to develop its online sales and wants to have online stores open for six brands in Poland and five brands in selected CEE countries and Germany in Q4 2016.
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.
