Apranga APB

Company event



Apranga APB continues bringing around the world's most famous firms to

Lithuania



On February 12, Apranga APB, the leader of the Lithuanian retail trade market of

wearing apparel, is opening under a franchise contract with Giorgio Armani

S.P.A. an Emporio Armani store in one of the most beautiful and luxurious places

of Vilnius - the City Hall square.

It will be the 124th Emporio Armani store in the world opened by one of the most

famous fashion designer Giorgio Armani. Apranga is the only clothing company in

Eastern Europe to have opened Emporio Armani stores. Its first Emporio Armani

store in Eastern Europe was opened in Riga in August 2004.

Investments of Apranga APB in the establishment of, probably, the most

fashionable and luxurious store in Lithuania that occupies the area of 360

square meters amounted to LTL 1.6 m. The Apranga group is the most quickly

expanding and the largest retail seller of clothing in Lithuania, which is also

working in Latvia and Estonia. Presently the Apranga group owns 42 stores

including 32 in Lithuania, 9 in Latvia and 1 in Estonia.

In 2005 the Apranga group plans to increase the sales turnover by 46% and reach

the amount of LTL 200 m. Emporio Armani is the second store opened this year. In

10 days Apranga is going to open the 10th store in Riga, the capital of Latvia.



The shares of the public trading company Apranga are listed on the Vilnius Stock

Exchange. The Apranga APB is owned by the concern MG Baltic.





Rimantas Perveneckas

Managing Director

(+370 5) 239 08 01