LPP wants 13 Sinsay, 4 Reserved and 2 Mohito stores in Italy at the end of the first half 2024

by   CIJ News iDesk III
2024-03-27   12:12
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LPP wants to have 13 Sinsay, 4 Reserved and 2 Mohito stores in Italy at the end of the first half. 2024, informed the CFO and vice-president of LPP Przemysław Lutkiewicz

“The South of Europe is very important to us. At the end of the first half of the year, we will have 13 Sinsay, 4 Reserved and 2 Mohito stores in Italy. We care about the southern European market, because there the volumes are very good," said the vice-president

The number of LPP Group stores was at the end of January this year. 1,094 in Poland (increase by 76 y/y) and 1,181 abroad (increase by 237), i.e. A total of 2,275 (up 313), was previously reported in the presentation.

LPP manages the fashion brands Reserved, Cropp, House, Mohito and Sinsay. The company has been listed on the Warsaw Stock Exchange since 2001; it is part of the WIG20 index. In the financial year 2023/2024 (February 2023 - January 2024), the company had PLN 17.4 billion of consolidated revenues.

Source: LPP and ISBnews

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