Apranga Group Explained

See also: List of shopping malls in Lithuania.

Apranga Group
Type:Public
Location City:Vilnius
Area Served:Lithuania, Latvia and Estonia
Key People:Rimantas Perveneckas, director-general; Darius Mockus, chairman[1]
Industry:Clothing retail
Revenue:€243 million (2022)
Owner:MG grupė, UAB
Num Employees:829[2] (2024)
Homepage:https://aprangagroup.lt/en

Apranga Group is a clothing retail chain in Lithuania and the Baltic states.[3] [4] Apranga group consists of the main company APB "Apranga" and 18 subsidiary companies.[5] Aprangas Group manages a network of 166 stores in the Baltic countries.[6]

It runs stores under various brands, often under franchise agreements, including:

Apranga is listed on the NASDAQ OMX Vilnius Stock Exchange and is owned by MG Baltic.[13] In 2007, Euromoney ranked it 1st in Lithuania among "Emerging Europe's Best Managed Companies"[14] In 2009, Apranga made a net loss of 17 m LTL on retail turnover of 393 m LTL.[15] As of 2014, Apranga owned 152 stores, of which 94 were in Lithuania, 43 in Latvia and 15 in Estonia. As of April 1, 2014, the sales area was 70,400 square meters.[16]

Apranga has 192 stores around the Baltic States.[17]

Notes and References

  1. Web site: APB "Apranga" (APG1L.VL) People . 2010-12-12. Reuters. 2010-12-12.
  2. https://rekvizitai.vz.lt/en/company/apranga/number-of-employees/
  3. Web site: Further expansion under the economic slowdown. 2010-12-12. 2010-12-12.
  4. Web site: Expansion stopped, business consolidation ahead. 2010-12-12. 2010-12-12.
  5. Web site: žinios . Rima Aukštuolytė, Verslo . "Aprangos" investicijos į parduotuves kitąmet sieks iki 25 mln. Lt . 2022-10-26 . vz.lt . lt.
  6. Web site: "Aprangos" grupės apyvarta 2013 m. gruodžio mėnesį bei 2013 metais . 2022-10-26 . view.news.eu.nasdaq.com.
  7. Web site: Titulinis Soulz.lt . 2022-10-26 . soulz.lt.
  8. Web site: Apranga launches new Zara fashion chain - New Europe . 2010-12-12 . 2010-12-12 .
  9. Web site: APB "Apranga" (APG1L.VL) Key Developments . https://archive.today/20120908084436/http://www.reuters.com/finance/stocks/keyDevelopments?pn=2&symbol=APG1L.VL. dead. September 8, 2012. 2010-12-12. Reuters. 2010-12-12.
  10. Web site: Apranga has opened its first Pull and Bear and Stradivarius stores in Estonia :: The Baltic Course . 2010-12-12. 2010-12-12.
  11. Web site: APB "Apranga". 2010-12-12. 2010-12-12.
  12. Web site: APB "Apranga". 2010-12-12. 2010-12-12.
  13. Web site: MG Baltic . 2010-12-12 . 2010-12-12 . dead . https://web.archive.org/web/20110722152013/http://www.mgbaltic.lt/en.php/the_structure_of_the_mg_baltic_group/242 . 2011-07-22 .
  14. Web site: APB "Apranga". 2010-12-12. 2010-12-12.
  15. Web site: APB "Apranga". 2010-12-12. 2010-12-12.
  16. Web site: Apranga jaekäive kasvas üle 16% .
  17. Web site: Apranga Group - Korporatyvinė svetainė.