Skip to main content

Apranga Group opens first Hugo store in the Baltic States

February 28th, Apranga Group, the leading fashion retailer in the Baltic States, opens the first Hugo store in the Baltic States. Brand new 118 square meters store will greet customers in Spice shopping center.
Hugo store concept is based on a more inviting atmosphere and inspiring customer experience. A multi-functional service point in the centre of the store combines digital media with a typical bar character and offers the Hugo customer a unique place to stay. The usage of the Hugo red for various shop fittings allows a strong brand recognition and edgy furniture shapes translate and reflect the Hugo spirit.“Hugo Boss is one of the most successful premium fashion company, whose brands Boss and Hugo have worldwide recognition, gaining more and more market share and reach different groups of customers. Hugo brand – designed for a more youthful and modern customer – is a new stage in our almost twenty year cooperation with Hugo Boss”, – says Apranga Group General Manager Rimantas Perveneckas.Apranga Group based on franchise agreement operates three Hugo Boss stores – one in each capital city of the Baltic States. Cooperation with Hugo Boss has been a great success and marks almost twenty years anniversary, as the first store in Vilnius was opened in 2001. First Hugo Boss store in Latvia was opened in 2003. All of them are situated in the best shopping areas of the capital cities.Apranga Group operates a chain of 184 stores in the Baltic States, with a total retail floor area of 93,000 sq. m. Apranga Group plans to renovate or open from 13 to 17 stores in 2020. The net investment will be around 5-7 million euro.Rimantas Perveneckas
Apranga Group General Director
+370 5 2390801

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.