OREANDA-NEWS. Apranga Group finalised the transaction of taking over 5 Mango stores in Estonia and Latvia.
Mango stores in shopping centers in Tallinn Viru Keskus and Rocca al Mare, and in shopping centers in Riga Alfa, Galerija Centrs and Galleria Riga have been taken over from the Latvian company Imobile Style SIA and its related company in Estonia.

Before the transaction Apranga Group managed 6 Mango stores in Lithuania and one each in Latvia and Estonia. Apranga Group opened the first franchising store Mango in Vilnius in 2000.

In 2012, total turnover of Mango holding amounted to LTL 5.8 billion (EUR 1.7 billion). Spanish company Mango is the most international fashion brand with 2 600 stores in 107 countries around the world by the end of 2012.

Currently, after taking over of 5 Mango stores, Apranga Group manages 149 stores: 93 in Lithuania, 41 in Latvia and 15 in Estonia.

Apranga Group is the leading fashion retailer in Lithuania and Baltic States cooperating with more than 50 best-known international trademarks like Zara, Burberry, Gucci, Dolce & Gabbana, Hugo Boss, Emporio Armani, Ermenegildo Zegna, Ralph Lauren, Massimo Dutti, Max Mara, Mango, Bershka, Pull and Bear, Mexx, Stradivarius, Promod, s.Oliver, Desigual, Aldo, Tom Tailor, Tommy Hilfiger, Marella, Strellson, Diesel, Morgan, Jack and Jones and others.

Shares of Apranga are listed on Baltic equity list on NASDAQ OMX Vilnius Stock Exchange. Majority shareholder of Apranga Group is concern MG Baltic.