Lauma Lingerie’s turnover grew by 25.6% in 2013
May 7, 2014 by admin
Filed under Latest Lingerie News
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In 2012, the company reported EUR
8.16 million in turnover.
The company posted EUR 997,369 in
profit in 2013, which was significantly more than in 2012, when the company
posted EUR 264,227 in profit.
In 2013, the company opened 11 new
franchise stores around the world, including two in Latvia, two in Estonia, two
in Saudi Arabia, four in Belarus and one in Ukraine.
By the end of 2013, Lauma Lingerie operated a total 50
franchise shops in eight countries – Latvia, Lithuania, Estonia, Russia,
Belarus, Ukraine, Albania and Saudi Arabia.
The company plans to continue
investments in its development this year.
Joint-stock Lauma Lingerie was established in 2005, and is a subsidiary of
joint-stock Silvano Fashion Group.
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