GDANSK — Poland’s biggest fashion retailer LPP is cutting its marketing budget and rethinking logistics as part of an ongoing drive to reduce costs, sending the company’s shares up sharply. We ...
GDANSK (Reuters) -Poland's largest fashion retailer LPP is betting on rapid expansion of its budget brand Sinsay to double its annual revenue to 40 billion zlotys ($10.56 billion) by 2027. Under the ...
March 27 (Reuters) - Polish fashion group LPP (LPPP.WA), opens new tab plans to double its store numbers over the next three years led by its budget brand Sinsay and aims to boost the company's ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The shares of Polish fashion group LPP fell 28 per cent on Friday after US short seller Hindenburg Research ...
Shares in Polish apparel company LPP rebounded by 30% on Monday, after plunging 38% last week on claims from a short seller that LPP had made a “sham divestment” from Russia following the start of the ...
Shares in one of eastern Europe’s biggest fashion retailers plunged 36% after activist short-seller Hindenburg Research said the Polish company’s withdrawal from Russia was a “sham.” Hindenburg’s ...
Russia’s invasion of Ukraine is starting to show clear ripple effects in nearby economies. Poland's biggest fashion retailer LPP, which pulled out of both markets shortly after the war started on ...
LPP aims to double its revenue by 2027 from 2024 Budget brand Sinsay to account for 75% of LPP's sales by 2027 CEO sees US tariffs as opportunity for cheaper Asian supplies GDANSK, April 3 (Reuters) - ...