Apranga Group develops new chain in Lithuania and Latvia
OREANDA-NEWS. On April 4, Apranga Group opens the first Dshop in Lithuania located in Klaipeda, shopping centre Akropolis. Next opening will follow in Kaunas, shopping centre Akropolis, within next week. The first Dshop in Latvia was already opened in Riga shopping mall Spice in March.
The Dshop is a new business concept from Spanish brand Desigual dedicated for franchise partners. The aim is to combine the values of Desigual and commercial philosophy. Desigual is one of the fastest growing fashion brand names in Europe. Currently it is presented in over 100 countries. By the end of 2013 over 100 new Dshops are planned to be opened.
Apranga Group operates a chain of 139 stores: 91 in Lithuania, 36 in Latvia and 12 in Estonia. Shares of Apranga are listed on Baltic equity list on NASDAQ OMX Vilnius Stock Exchange. Majority shareholder of Apranga Group is concern MG Baltic.
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