Apranga APB
About
Apranga AB engages in the operation of retail stores and sale of clothing and apparel. The firm operates through the following geographical segments: Lithuania, Latvia, and Estonia. It develops different profile retail chains in different categories, including economy, youth, business, luxury, Zara, outlets, and footwear. The company was founded in 1945 and is headquartered in Vilnius, Lithuania.
Growth
Apranga Group is a well-established enterprise in the retail sector, with a strong presence in the Baltic States. The company has achieved significant growth over the years, expanding its store network, brand portfolio, and employee base. With a sales area of 90,700 square meters and a turnover of 326 million Euros projected for 2023, Apranga Group continues to solidify its position as a key player in the fashion retail market.
Achievements
Apranga Group has achieved several key milestones in its history, including operating 168 stores across three countries, representing over 200 renowned European and global brands. The company's financial performance has been noteworthy, with a retail turnover of 251.4 million Euros in the first 9 months of 2024, marking an 8.7% increase compared to the same period in 2023. These milestones reflect Apranga Group's successful expansion and market growth strategies.
Case Studies
Apranga Group has been involved in numerous successful projects and initiatives within the fashion retail industry. The company's focus on representing top European and global brands has contributed to its reputation as a leading retailer in the Baltic region. Apranga Group's diverse store network and extensive brand portfolio demonstrate its ability to cater to a wide range of customer preferences, driving growth and market penetration.
Key Events
Over the years, Apranga Group has been involved in key events such as store chain expansions, strategic partnerships with top brands, acquisitions of new retail locations, and successful funding rounds for business development. The company has also received industry recognition and awards for its contribution to the retail sector. These events highlight Apranga Group's commitment to innovation, customer satisfaction, and long-term success in the fashion retail market.
Socials
Website
Founded
-
Operating Status
Active
Industry
Retail/Wholesale
headquarters
Address
Ukmerges Street 362 Vilnius VL 14311 Lithuania...
Country
Lithuania
Employees
2249
Key People
Ilona ?imkuniene (Director & Purchasing Director)
Ramunas Gaidamavicius (Director & Development Director)
Rimantas Perveneckas (General Director)
Gabrielius Morkunas (Director-Finance & Economics)
Revenue
269.70 M
Operating Income
Stock Price
€2.85
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Apranga APB
-
Website
-
Founded
-
-
Industry
Retail/Wholesale
-
Address
Ukmerges Street 362 Vilnius VL 14311 Lithuania...
-
Country
Lithuania
-
Number of employees
2249+
-
Revenue
269.70 M
About Apranga APB
Apranga AB engages in the operation of retail stores and sale of clothing and apparel. The firm operates through the following geographical segments: Lithuania, Latvia, and Estonia. It develops different profile retail chains in different categories, including economy, youth, business, luxury, Zara, outlets, and footwear. The company was founded in 1945 and is headquartered in Vilnius, Lithuania.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
