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Higher margins from fashion

Eurobuild CEE 10 April 2017
POLAND Clothing retail group LPP’s consolidated sales revenue for March 2017 amounted to app. PLN 466 mln – 12 pct higher than the revenue generated in March 2016. Its estimated gross margin was app. 60 pct – 8 percentage points higher than in the same month the previous year.
Its sales revenue in the January–March 2017 period exceeded PLN 1.35 bln, which was app. 15.5 pct up y-o-y. The revenue from its online sales came to app. PLN 19.3 mln in March, an increase of app. 63 pct y-o-y. Online cumulative sales amounted to app. PLN 54.3 mln in the first quarter, app. 98.2 pct higher y-o-y. The retail area of stores run by the LPP group now amounts to app. 913,000 sqm, having grown by 7 pct over the last twelve months.

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