The Apranga Group has been developing the franchise Mango store chain in
Lithuania since 2000, the Mexx store chain in Lithuania since 2004, and in
Latvia - since 2006.
Currently, the Apranga Group operates a chain of 91 stores in the Baltic
States: 60 in Lithuania, 24 in Latvia, and 7 in Estonia. Over seven months this
year, the turnover of the Apranga Group (VAT included) accounted for LTL 273.5
million (EUR 79.2 million), which is 24.8% more as compared to the same period
last year. During the 7 months of 2008, the turnover of retail chain of the
Group in Latvia and Estonia amounted to LTL 91.5 million (EUR 26.5 million),
which is 24.8% more as compared to the same period in 2007. The share of
turnover in foreign markets constitutes 33.5% of the overall turnover of the
Group.
This year, the Apranga Group opened 8 new stores and plans to open 13 new
stores more and close 4 stores by the end of the year.
Rimantas Perveneckas
Apranga Group Director General
+370 5 2390801
Irma Marcinkiene
Apranga Group Marketing Director
+370 5 2390802
