Polish fashion retailer LPP, whose fashion brands include Reserved, Sinsay, Cropp, House and Mohito, opened 14 new Sinsay stores in Ukraine in the first quarter of 2024.
This saw turnover increase by 58.3% to €46 million compared to the same period in 2023.
The company has also announced it opened another six Sinsay stores in April this year, and intends to open yet another at the end of May and one more in June.
The Sinsay chain, which offers clothing, domestic appliances and interior home design products, was established in 2013 and operates across most of Europe.
Despite the increase in turnover, however, LPP ended the first quarter with a loss of almost €5.66 million compared to around €146,000 last year.
LPP also has been operating its other brands in Ukraine since 2003.
The company has also announced it opened another six Sinsay stores in April this year, and intends to open yet another at the end of May and one more in June.
The Sinsay chain, which offers clothing, domestic appliances and interior home design products, was established in 2013 and operates across most of Europe.
Despite the increase in turnover, however, LPP ended the first quarter with a loss of almost €5.66 million compared to around €146,000 last year.
LPP also has been operating its other brands in Ukraine since 2003.
