LPP with 24% revenue growth y/y in November

WSE-listed fashion retailer LPP has posted consolidated revenue from sales of PLN 602 million in November, marking a 24 percent increase y/y. For the January-November period, revenue amounted to PLN 6.13 billion, which is 24 percent higher than in the corresponding period of last year. Internet sales increased by 112 percent y/y to PLN 54.8 million in November. For the first 11 months of 2017, online sales increased by 107 percent and were equal to PLN 304 million. LPP has been listed on WSE since 2001. Its brand portfolio includes Reserved, Cropp, House, Mohito and SiNSAY.