LPP to open its first shop in Belarus in 2017

Fashion retailer LPP has made a deal with Rapa Torg Group concerning its plan of foreign expansion including West Europe, the Middle East and the Balkan region.  The first location covered by the deal, however, will open in H1 of next year in Minsk on a franchising basis, with two more in this country to open in the next years. The first Reserved shop (LPP's brand) will open in the Minsk Mall Gallery and have area of 2,000 sqm. LPP said the deal is the beginning of the expansion strategy. LPP manages 6 clothing brands : Reserved, Cropp, House, Mohito, Sinsay and recently introduced Tallinder. It has been listed on the Warsaw Stock Exchange since 2001.