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LPP plans 50 new stores

Eurobuild CEE 03 January 2018

WORLD LPP intends to open 50 stores in 2018. As a result the retail area of LPP's five brands would increase by another 100,000 sqm. The company intends also to enter five new markets with either online or brick and mortar stores.

“In 2018 we expect the growth of our retail space by another 10 pct., compared to 2017. We want also to continue a double digit growth of LPP sales. In the next twelve months we plan to develop our brands intensively in Poland and internationally. We will open 50 new stores, some of them on markets, which are new to us, including Kazakhstan, Israel and Slovenia. We will broaden the sales range of Sinsay, which is the youngest brand in our portfolio. We expect the number of Sinsay stores to grow by 25 pct this year,” says Przemysław Lutkiewicz, the vice-president of LPP.

The company intends also to increase the number of online stores. In 2016 the company operated on-line stores in six European countries. The number doubled in 2017. This year new on-line stores are to open in Serbia, Croatia, Slovenia, Bulgaria and Ukraine.

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