OREANDA-NEWS. April 02, 2010. The retail turnover (including VAT) of the leader of retail apparel market in Lithuania and the Baltic States Apranga Group has made LTL 26.9 million (EUR 7.8 million) in March 2010, and has decreased 7.0% in comparison to March 2009.

The retail turnover (including VAT) of Apranga Group has made LTL 79.7 million (EUR 23.1 million) in January through March 2010 or 15.1% less than in 2009.

In January through March 2010 the retail turnover of Apranga Group in Lithuania was LTL 53.7 million (EUR 15.6 million), and decreased 18.3% year-on-year.

In 1st quarter 2010 the retail turnover of Apranga Group in Latvia has made LTL 18.5 million (EUR 5.3 million), and decreased 5.8% year-on-year.

In 1st quarter 2010 the retail turnover of Apranga Group in Estonia has made LTL 7.5 million (EUR 2.2 million), and decreased 12.5% year-on-year.

During 1st quarter 2010 Apranga Group opened one new store and closed three stores. Currently Apranga Group operates the chain of 107 stores covering an area of 62.2 thousand sq. m. (on 1st April 2009 Apranga Group operated the chain of 117 stores, which covered an area of 69.2 thousand sq. m.). Due to the chain optimization program the stores area was reduced by 10% during the year.

Shares of Apranga are listed on Baltic equity list on NASDAQ OMX Vilnius Stock Exchange. Majority shareholder of Apranga Group is concern MG Baltic.