Lithuania: Apranga Group’s retail sales up 9.4% in H1/2024

Lithuanian fashion retail group Apranga Group┬áposted a retail turnover (including VAT) of EUR 161.6mn in the first half of 2024, which was up 9.4% from the same period of 2023, GlobeNewswire reports. Sales in Lithuania amounted to EUR 96.4mn (up 7.5%), in Latvia to EUR 41.0mn (up 17.1%), and in Estonia to EUR 24.1mn (up 5.5%). In the second quarter of 2024, the group’s retail turnover totalled EUR 89.3mn, which was up 8.2% over a year. Quarterly sales in Lithuania rose by 6.3%, in Latvia by 16.6%, and in Estonia by 3.4% on year. Apranga Group has 169 stores, including 100 in Lithuania, 44 in Latvia, and 25 in Estonia.