Turnover of Apranga Group in September 2021
Retail turnover (including VAT) of Apranga Group amounted to EUR 26.6 million in September 2021 and has increased by 21.1% comparing to September 2020. In September 2021, the retail turnover of Apranga Group in Lithuania increased by 25.1% year-to-year, in Latvia increased by 10.2% and in Estonia increased by 24.7%.
The retail turnover (including VAT) of Apranga Group totalled EUR 76.9 million in 3rd quarter 2021 and was 20.6% higher than in 2020. In 3rd quarter 2021, the retail turnover of the Group in Lithuania increased by 26,1%, in Latvia increased by 13.3% and in Estonia increased by 12.6% year-to-year.
Due to epidemic coronavirus (COVID-19) infection, from 16 December 2020, all the Group’s stores in Lithuania were temporarily closed. Stores in Lithuania with a separate entrance from outside and a sales area not exceeding 300 square meters had been open since 15 February 2021. All stores with a separate entrance from outside had been open since 15 March 2021. All Group’s stores have been reopened in Lithuania from 19 April 2021, however, stores operating in shopping malls were not allowed to work on weekends, unless they had separate entrance from outside. Eventually, all Group’s stores have been open in Lithuania as of 29 May 2021. In Latvia, stores were temporarily closed from 19 December 2020. Stores with a separate entrance from outside and an area not exceeding 7,000 square meters have been open in Latvia from 7 April 2021. Group‘s stores that operate in shopping malls and have separate entrance from outside were reopened as of 22 May 2021. Eventually, all Group’s stores have been open in Latvia as of 3 June 2021. In Estonia, all Group’s stores were temporarily closed from 11 March 2021, and from 6 March 2021 to 11 March 2021 stores were not allowed to work on weekends. All Group‘s stores have been reopened in Estonia from 3 May 2021. These temporary closures had a significant impact on the Group’s generated turnover in January-September 2021.
In January through September 2021, the retail turnover of Apranga Group (including VAT) totalled EUR 158.2 million and increased by 5.1% year-to-year.
In January through September 2021, the retail turnover of Apranga Group in Lithuania was EUR 99.6 million and increased by 13.6% year-on-year. In the same period the retail turnover of the Group in Latvia has made EUR 33.3 million and decreased by 13.8%. The retail turnover in Estonia reached EUR 25.2 million and increased by 4.3% year-on-year.
In 9 months of 2021, Apranga Group opened 3 stores, renovated 10 stores and 10 stores were closed.
Currently Apranga Group operates the chain of 172 stores (101 in Lithuania, 46 in Latvia and 25 in Estonia) covering the gross area of 91.9 thousand sq. m., or by 1.7% less than a year ago.
Rimantas Perveneckas
„Apranga“ Group General Manager
+370 5 2390801
