Region-wise, the retail turnover for Lithuania went up by 8.8 per cent in Q4 2024, Latvia’s rose by 8.5 per cent and Estonia’s increased by 3.7 per cent YoY, Apranga said in a press release.
The unaudited year 2024 retail turnover (including VAT) touched €354.2 million (~$365.2 million), an increase of 8.5 per cent year-over-year.
In 2024, the retail turnover of Apranga Group in Lithuania amounted to €211.8 million and increased by 7.6 per cent year-over-year. In Latvia it reached €90.7 million, an increase of 14.1 per cent, whereas in Estonia it amounted to €51.7 million, an increase of 3.4 per cent year-over-year.
During the year 2024, Apranga opened 7 new stores, renovated 11 stores and closed 5 stores. Currently Apranga Group operates the chain of 171 stores (103 in Lithuania, 44 in Latvia and 24 in Estonia) covering the gross area of 92.0 thousand square metre, or 1.3 per cent more than a year ago, added the release.
ALCHEMPro News Desk (SG)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
marketing@alchempro.com
