Rieker
The first Aldo store in Latvia will open in autumn
22.03.2012 2814

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

Expo Riva Schuh announced the dates of the summer exhibitions

The 95th Expo Riva Schuh and the 6th Gardabags, dedicated to the 2022 spring / summer collections, will be held at the Riva del Garda exhibition center from 18 to 20 July, a month later than ...
21.04.2021 80

Reseller sites LUXXY, themarket and commission WantHerDress announce merger

The Russian clothing and footwear reselling marketplace LUXXY has acquired an online site for the resale of themarket items, as well as the WantHerDress commission store with wardrobes of stars and ...
21.04.2021 82

Accessories brand Genny launches a collection of eco-leather clutches from apple waste

Fashion brands compete in responsible manufacturing practices and come up with more and more unexpected moves. To celebrate Earth Day, April 22, the Italian brand of accessories Genny is releasing a collection of clutch bags made of eco-leather synthesized ...
21.04.2021 77

New brand of architectural footwear 4CCCCEES entered Russia

4CCCCEES footwear brand was created by Korean-born Sun Min Park, a graduate of the Royal College of Art in London, who was once the chief designer of the United Nude architectural shoe brand. Fans of the latter can rejoice, as ...
20.04.2021 149

Adidas has released sneakers from leather synthesized from mushrooms

Adidas has announced the launch of the first sneaker with an innovative mushroom-based material, Mylo, that looks and feels like leather. The first footwear created on the basis of mushroom leather was adidas Stan Smith sneakers, - ...
20.04.2021 174
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning