LPP will open up to 200 stores in 2015
11:56
Polish fashion retailer, LPP is going to open around 200 stores in Poland and abroad this year. Due to the expansion, the company will employ a few thousands of people, the press reported.
As the Ukrainian crisis has impacted the firm last year, LPP will expand its business mainly in the EU and the Middle East. "There is a great deal of uncertainty regarding the future, it will certainly cast a shadow on our performance," Przemysław Lutkiewicz, the deputy CEO and financial director of the company said.
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.
