Monnari revenue drops in January. Signs partnership deal with LK Designer Shops

WSE-listed fashion retailer Monnari saw its sales revenue in January drop by 12.1 percent y/y reaching PLN 17.4 million, the company said in a market filing. Furthermore, Monnari Trade announced it has signed an agreement with LK Designer Shops regarding cooperation in locating and financing the production and purchase of Lidia Kalita brand goods. "In our opinion, operational cooperation between the above-mentioned entities may bring real benefits to both retailers in the scope of negotiating contracts for the purchase of goods,” Monnari said.