Vistula sales up in May

WSE-listed fashion retailer Vistula Group recorded May sales of PLN 67.4 million, a growth of 7.8 percent y/y, the company reported. Revenues from sales in the clothing segment (Vistula, Wólczanka, Deni Cler brands) amounted to PLN 38.6 million, 132.7percent higher compared to May 2017. During the first five months of 2018 sales increased by about 15.1 percent y/y and reached PLN 285 million. Sales margin in the same period was 50.7 percent, a 1.2 percentage points less versus year ago. At end-May, Vistula had 33.9 sqm of retail space, up by 9 percent y/y.