Improving Retail Performance of Apranga Group
Apranga Group has demonstrated solid growth in its retail turnover, reporting a total of EUR 28.1 million for April 2025, representing a commendable increase of 4.0% compared to the same month last year.
Quarterly Results Reflect Growth
For the period from January to April 2025, the retail turnover for Apranga Group reached EUR 102.0 million, showcasing a year-on-year growth of 2.7%. This steady increase underscores the company’s resilience in a competitive retail environment.
Regional Performance and Insights
Breaking it down by regions, the retail turnover in Lithuania saw a significant boost of 5.0% compared to the previous year. Latvia similarly experienced a positive trend with a 2.5% increase. However, Estonian operations faced challenges, revealing a decline of 6.5% in retail turnover.
Store Network Expansion
Apranga Group currently manages a robust network of 170 stores across the Baltic region, with 103 stores in Lithuania, 43 in Latvia, and 24 in Estonia. This represents a gross retail area of 92.4 thousand square meters, marking an increase of 1.5% from the previous year.
Future Prospects for Apranga Group
As Apranga Group continues to refine its operations and customer engagement strategies, the retail sector's outlook remains optimistic. With a strong foundation and adaptive approach, the company is well-positioned to tackle market challenges.
Leadership Insights
Rimantas Perveneckas, the General Manager of Apranga Group, emphasizes the importance of innovation and customer service in driving growth. He can be reached for inquiries at +370 5 2390801.
Frequently Asked Questions
What is the retail turnover of Apranga Group in April 2025?
The retail turnover of Apranga Group amounted to EUR 28.1 million in April 2025.
How much did retail turnover grow compared to April 2024?
It increased by 4.0% compared to April 2024.
What has been the overall growth for January to April 2025?
The overall retail turnover for this period reached EUR 102.0 million, showing a 2.7% increase year-on-year.
Which country experienced the highest growth in retail turnover?
Lithuania experienced the highest increase, with a growth of 5.0% year-on-year.
How many stores does Apranga Group operate?
Apranga Group operates 170 stores across the Baltic region.
