Sinsay news and archive

LPP achieves Q3 revenue growth, outlook positive

In the third quarter, LPP Group achieved revenues of 5.2 billion Polish zloty, up 19.8 percent year-on-year and by 25.2 percent in constant currencies. The company’s online sales were up 35.7 percent due to the development of mobile apps and a broader product offer dedicated to online stores. The group recorded double-digit revenue growth of...

BusinessFeatured

LPP posts revenues and profit growth in H1

LPP, a Polish, family-owned company, having five own brands: Sinsay, Reserved, Cropp, House and Mohito, achieved revenues of 9.3 billion Polish zlotys, up by 13.3 percent or by 18.6 percent in constant currency in the first six month period. LPP expects revenue in 2024 to range between 20 to 21 billion Polish zlotys and the gross sales margin of...

Business

LPP records Q1 sales growth, reveals positive outlook

Polish apparel maker LPP Group, owner of brands Sinsay, Reserved, Cropp, House and Mohito achieved revenues of 4.3 billion Polish zloty, up 18.3 percent or 25.5 percent in constant currencies. The company said in a statement that a higher revenue was generated due to the growth of sales in both online and traditional channels. The company also...

Business

Polish fashion retailer LPP posts stable Q3 sales growth

In the third quarter, Polish fashion firm LPP Group achieved revenues of 4.4 billion Polish zloty, maintaining a stable revenue level, down 0.4 percent. The company’s year-to-date sales rose 7 percent. The group reported a 24.1 percent increase in their floorspace and growth across brand and online channels. The Sinsay brand recorded revenues of...