OREANDA-NEWS. Retail turnover (including VAT) of Apranga Group amounted to EUR 14.4 million in March 2016, and has increased by 0.2% comparing to March 2015.

The retail turnover (including VAT) of Apranga Group reached EUR 44.1 million in January through March 2016 or by 4.8% more than in 2015.

In January-March 2016, the retail turnover of Apranga Group in Lithuania increased by 3.0% year-to-year, in Latvia increased 3.0% and in Estonia 15.7%.

During 1st quarter 2016, Apranga Group opened 8 new stores (5 Karen Millen stores in Vilnius, Riga and Tallinn, Sandro and Maje in Riga, and City in Panevezys), 1 reconstructed (Apranga in Kaunas) and closed 2 stores.

Currently Apranga Group operates the chain of 175 stores (103 in Lithuania, 46 in Latvia and 26 in Estonia) covering the gross area of 78.9 thousand sq. m., or by 3.0% more than at the end of 1st quarter 2015.

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