Apranga Group Reports Growth in Retail Turnover for September

Author: Ryan Hughes Updated: 10-01-2025 09:02 AM

Apranga Group's Impressive Retail Growth

In September, Apranga Group achieved a remarkable retail turnover of EUR 31.2 million, showcasing a significant increase of 9.4% compared to the same month last year. This strong performance highlights the Group's ability to adapt and thrive in the competitive retail environment.

Third Quarter Success

The retail turnover for Apranga Group reached EUR 99.7 million in the third quarter of the year, reflecting an impressive year-on-year growth of 11.0%. The growth trajectory was particularly strong in Lithuania, where the turnover surged by 13.1%. Meanwhile, Latvia and Estonia also experienced positive growth rates of 9.0% and 6.6%, respectively. This steady increase across different markets underscores the effectiveness of Apranga Group's strategic initiatives.

Year-to-Date Performance

From January to September, Apranga Group reported a retail turnover of EUR 265.8 million, marking a year-on-year growth of 5.7%. This growth is particularly notable within Lithuania, where turnover reached EUR 160.2 million, a healthy increase of 7.8%. In contrast, while Latvia contributed EUR 68.1 million with a growth of 5.0%, Estonia's turnover decreased slightly by 1.2%, amounting to EUR 37.4 million. These figures reflect market variances and highlight the Group’s need for ongoing strategic assessment.

Store Development Initiatives

In a committed effort to enhance its retail presence, Apranga Group opened 4 new stores during the January to September period and also undertook renovations of 8 existing stores. Among these, 4 were enlarged, indicating a focus on improving the shopping experience for customers. However, 4 stores were closed, which highlights the Group's proactive steps in optimizing operations based on performance assessments.

Current Store Network Overview

Apranga Group currently operates a network of 171 stores across the region, with 103 locations in Lithuania, 44 in Latvia, and 24 in Estonia. The total retail area has expanded to 92.7 thousand square meters, representing a growth of 1.3% over the past year. This expansion reflects the Group's commitment to meeting growing consumer demands and sustaining a competitive edge in the retail market.

Leadership Insight

Rimantas Perveneckas, the General Manager of Apranga Group, has been at the helm of these developments, steering the company towards achieving its growth targets. His leadership is pivotal in navigating the challenges of the retail sector while capitalizing on new opportunities.

For further inquiries, contact:

Rimantas Perveneckas
General Manager, Apranga Group
+370 5 2390801

Frequently Asked Questions

What was Apranga Group's retail turnover in September?

Apranga Group's retail turnover in September reached EUR 31.2 million, a rise of 9.4% year-on-year.

How much did the retail turnover increase in Q3 2025?

In Q3 2025, the retail turnover increased by 11.0%, totaling EUR 99.7 million.

What were the growth rates for Estonia, Latvia, and Lithuania?

In Q3 2025, Lithuania's turnover grew by 13.1%, Latvia by 9.0%, and Estonia by 6.6% compared to the previous year.

How many new stores did Apranga Group open?

Apranga Group opened 4 new stores in the first nine months of 2025.

What is the current number of stores operated by Apranga Group?

Apranga Group operates 171 stores across the region, with a total retail area of 92.7 thousand square meters.

About The Author

Hello, my name is Ryan Hughes. I am a financial, economics, and stock market specialist committed to assisting people in negotiating the intricacies of the financial system. Having a great deal of experience and a thorough grasp of market dynamics and economic trends, my area of expertise is converting complex financial ideas into understandable, practical knowledge. By use of my articles and blog entries, I hope to give you the information and assurance you need to make wise financial choices.

I've had the honor of interacting with a wide range of readers as a writer for several financial blogs, from new investors to seasoned market participants. To enable you to reach your financial goals, I want to make finance, economics, and stock market trends understandable and approachable. I appreciate you traveling with me toward success and financial literacy.

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