Turnover of Apranga Group in March 2022
April 01 2022 - 5:33AM
Turnover of Apranga Group in March 2022
Retail turnover (including VAT) of Apranga Group amounted to EUR
18.9 million in March 2022 and has increased by 78.2% comparing to
March 2021.
In January through March 2022, the retail turnover of Apranga
Group (including VAT) totalled EUR 52.6 million and increased by
105.9% year-to-year.
Due to epidemic coronavirus (COVID-19) infection, from 16
December 2020, all the Group’s stores in Lithuania were temporarily
closed (stores with a separate entrance from the outside and a
sales area not exceeding 300 square meters had been open from 15
February 2021, stores with a separate entrance from the outside and
a sales area exceeding 300 square meters were open from 15 March
2021). In Latvia, stores were temporarily closed from 19 December
2020, and in Estonia - from 11 March 2021. These temporary closures
had a significant impact on the Group's generated turnover in
January-March 2021.
In January-March 2022, the retail turnover of Apranga Group in
Lithuania increased by 105.4% year-to-year, in Latvia surged by
232.1% and in Estonia grew by 25.6%.
During 1st quarter 2022, Apranga Group opened 2 new stores.
Currently Apranga Group operates the chain of 171 stores (102 in
Lithuania, 46 in Latvia and 23 in Estonia) covering the gross area
of 90.9 thousand sq. m., or by 2.7% less than a year ago.
Rimantas Perveneckas„Apranga“ Group General
Manager+370 5 2390801
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