Retail News: LPP; New director at Carrefour; Polpharma expands abroad

LPP a clothing designer and distributor with a chain of 50 Reserved shops, plans to achieve sales revenues of zl. 390 million in 2003, and a net profit of zl. 31 million. The company is expanding its chain of outlets both within Poland (to 110 by 2005) and abroad ... Carrefour has a new managing director, Alain Souillard. The company has 56 supermarkets and plans to open another 10 this year ...The largest national drugs manufacturer, Polpharma, hopes to acquire several small European pharmaceutical firms over the next few months. It is interested in enterprises in Germany, Russia and Ukraine. In 2002 the company doubled its profits and had sales revenues of zl. 670 million (Retail News is C/O Polish Market Review Retail Update No. 7, www.polishmarket.com)