APG1L Apranga

Apranga Group opens first Hugo store in the Baltic States

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

EN
28/02/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Apranga

 PRESS RELEASE

Turnover of Apranga Group in February 2026

Turnover of Apranga Group in February 2026 The retail turnover (including VAT) of Apranga Group amounted to EUR 22.0 million in February 2026 and increased by 4.9% compared to February 2025. In January-February 2026, the retail turnover of Apranga Group (including VAT) totalled EUR 50.3 million and increased by 7.2% year-on-year. In January-February 2026, the retail turnover of Apranga Group in Lithuania increased by 7.9%, in Latvia increased by 5.4% and in Estonia increased by 7.6% year-on-year. Currently Apranga Group operates the chain of 172 stores (103 in Lithuania, 44 in Latvia and...

 PRESS RELEASE

„Aprangos” grupės apyvarta 2026 m. vasario mėnesį

„Aprangos” grupės apyvarta 2026 m. vasario mėnesį „Aprangos“ grupės tinklo mažmeninė prekių apyvarta (su PVM) 2026 m. vasario mėnesį sudarė 22,0 mln. eurų ir buvo 4,9% didesnė nei 2025 m. vasario mėnesio apyvarta. 2026 m. sausio-vasario mėnesiais „Aprangos“ grupės tinklo mažmeninė prekių apyvarta (su PVM) sudarė 50,3 mln. eurų, arba 7,2% daugiau nei 2025 metų atitinkamu laikotarpiu. „Aprangos“ grupės tinklo apyvarta 2026 m. sausio-vasario mėnesiais, lyginant su atitinkamu 2025 metų laikotarpiu, Lietuvoje augo 7,9%, Latvijoje didėjo 5,4%, o Estijoje padidėjo 7,6%. Šiuo metu „Aprangos“ gru...

 PRESS RELEASE

Apranga Group interim information for 12 months of 2025

Apranga Group interim information for 12 months of 2025 The retail turnover (including VAT) of Apranga Group reached EUR 371.7 million in 12 months 2025 and increased by 4.9% year-on-year. The unaudited consolidated profit before income tax of Apranga Group amounted to EUR 20.1 million in 12 months of 2025. The Group made profit before income tax of EUR 19.4 million in the same period of 2024. EBITDA of Apranga Group reached EUR 43.2 million in 12 months 2025 and increased by 4.3% compared to 2024. The unaudited interim consolidated financial statements and consolidated interim report of...

 PRESS RELEASE

„Aprangos“ grupės 2025 m. 12 mėnesių tarpinė informacija

„Aprangos“ grupės 2025 m. 12 mėnesių tarpinė informacija „Aprangos“ grupės (toliau - Grupė) tinklo mažmeninė prekių apyvarta (su PVM) per 2025 m. 12 mėnesių sudarė 371,7 mln. eurų, arba 4,9% daugiau nei atitinkamu praeitų metų laikotarpiu. Grupės neaudituotas konsoliduotas pelnas prieš apmokestinimą per 2025 m. 12 mėnesių sudarė 20,1 mln. eurų, tuo tarpu per 2024 m. 12 mėnesių Grupės konsoliduotas pelnas prieš apmokestinimą sudarė 19,4 mln. eurų. Grupės EBITDA per 2025 m. 12 mėnesių sudarė 43,2 mln. eurų ir, lyginant su atitinkamu 2024 m. laikotarpiu, padidėjo 4,3%. Su „Aprangos“ grupės ...

 PRESS RELEASE

Turnover of Apranga Group in January 2026

Turnover of Apranga Group in January 2026 The retail turnover (including VAT) of the Apranga Group amounted to EUR 28.2 million in January 2026 and increased by 9.1% compared to January 2025. In January 2026, the retail turnover of Apranga Group in Lithuania increased by 8.7% year-to-year, in Latvia grew by 8.5% and in Estonia improved by 12.3%. Currently Apranga Group operates the chain of 171 stores (103 in Lithuania, 44 in Latvia and 24 in Estonia) covering an area of 92.7 thousand sq. m. Stores area increased by 1.2% during the year. Rimantas Perveneckas„Apranga“ Group General Manage...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch