The first Aldo store in Latvia will open in autumn
22.03.2012 3715

The first Aldo store in Latvia will open in autumn

Apranga, the largest Baltic ready-to-wear retailer in the Baltic States, controlled by MG Baltic, opened the first Aldo shoe store in Vilnius in the Baltic States at the Akropolis shopping center. Apranga expects to open the first Aldo store in Riga this fall.

“Aldo is one of the fastest growing shoe and accessories chain stores in the world. Now the brand is especially actively developing in the European region, recently opened stores in the Czech Republic, Croatia, Bulgaria, a network is developing in England. I think it should fit into the Lithuanian footwear market, ”said Rimantas Pärvänäckas, General Director of Apranga Group.

Investments in each store amount to about 345 000 litas, and the area of ​​the new store in Vilnius is 120 square meters.

The group plans to open a total of about 15 Aldo stores in Lithuania, Latvia and Estonia over the next five years. The network in the Baltic countries will operate on the basis of a franchising agreement with the Canadian Aldo Group of August 2011, writes biznes.delfi.lv.

In March, Apranga Group opens a total of 8 stores in Lithuania and Latvia.

“We are seeing signs of recovery in all three Baltic countries. We invest in updating the network, increasing the competitiveness of the company, and also developing those brands for which we see potential in all three Baltic countries. In addition, we constantly monitor the markets of Europe and America, the re-emerging brands in different segments, ”said Pärvänjackas.
Apranga, the largest Baltic ready-to-wear retailer in the Baltic States, controlled by MG Baltic, has opened the first Aldo shoe store in Vilnius in the Baltic States in the shopping center ...
5
1
Rating

Latest News

Lamoda Sport will support the release of new sports shoes with an advertising campaign

With the beginning of the spring season and the appearance of new models of sneakers from the world brands Adidas, Puma, Reebok and New Balance on the Lamoda Sport network, the Lamoda company will launch an advertising campaign in order to attract consumers to both goods,…
25.04.2024 86

Trend Island department store opened in Moscow in the Evropeisky shopping center

In mid-April, the opening of the second Trend Island department store took place in one of the key shopping centers of the capital, in the Evropeisky shopping center. The first department store with a focus on presenting collections of clothing, shoes and accessories from Russian designers was…
25.04.2024 177

The qualifying round of the Shoes-Style competition for footwear and accessories designers took place in Moscow.

On April 24, the qualifying round of the international competition of shoe and accessory designers “Shoes-Style” took place. At the site of the competition organizer, Russian State University. A.N. Kosygin demonstrated 70 collections of participants...
25.04.2024 355

Major players in the sportswear and footwear market are experiencing a slowdown in sales

The sportswear segment was not immune to the effects of inflation: in 2023, sales of the main players slowed down, writes...
23.04.2024 419

Portugal overtakes Spain in shoe production

Portugal has become the second largest shoe producer in Europe, overtaking Spain. According to Eurostat, Portugal produced 2022 million pairs of shoes in 85, two million more than its Spanish rival, writes...
23.04.2024 1417
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning