Vistula revenue up 18.1% in July

WSE-listed fashion retailer Vistula Group recorded July revenue of PLN 62.3 million, a growth of 18.1 percent y/y, the company reported. Revenue from sales in the clothing segment (Vistula, Wólczanka, Deni Cler brands) amounted to PLN 31.9 million, 8.4 percent higher compared to July 2017. During the first seven months of 2018 revenue increased by about 15.2 percent y/y and reached PLN 415.8 million. Sales margin in the same period was 50.1 percent, 1.0 percentage point less versus a year ago. At end-July, Vistula had 34.000 sqm of retail space, up by 8.2 percent y/y.