“Apranga” Group exceeded the turnover limit of LTL 200 million in 2005
The turnover of “Apranga” Group, the leader of retail trade of clothing,
amounted to LTL 20’803.3 thousand (EUR 6 025 thousand) in Lithuania, Latvia
and Estonia in December, 2005. It was by 34.4 % more than in December, 2004.
The turnover of “Apranga” Group reached LTL 200.8 million (EUR 58.1 million)
in 2005. It increased by 47 % or by LTL 64.2 million (EUR 18.6 million) over
corresponding period in 2004. “Apranga” Group maintains high growth of
turnover already third year in a row (26.3% in 2003, 44.4% - 2004, 47% - 2005).
In 2005 the turnover of “Apranga” Group amounted to LTL 131 million
(EUR 37.9 million) in Lithuania. It increased by 28.6 % if compared to
the results of 2004.
In 2005 the turnover of “Apranga” Group amounted to LTL 69.8 million
(EUR 20.2 million) in foreign markets. It increased twice if compared to
the results of 2004.
“Apranga” Group opened 14 new stores, with total area of 7500 squared meters
during 2005. “Apranga” Group opened “Emporio Armani”, “GF Ferre”, “Zara”,
2 “Miss Sixty/Energy” franchise stores during last year. In addition, it
opened 3 new concept “Apranga” stores, 3 “City men & woman”, 2 “Moskito”,
and “Išparduotuvė A”.
Currently, “Apranga” Group manages the chain of 51 store in Baltic countries,
with the total area of approximately 30’000 squared meters.
In 2006 “Apranga” Group is planning to exceed the turnover of LTL 270 million
(EUR 78.2 million), and to earn the profit of at least LTL 14 million
(EUR 4 million). Furthermore, “Apranga” Group is also planning to implement
the most intensive development program in the entire company’s history by
opening more than 20 new stores with total area of more than 10’000 squared
meters. The investment is planned to exceed LTL 26 million (EUR 7.5 million).
Rimantas Perveneckas
General Manager
(8-5) 2390 801
