14 November 2019 saw the announcement of the winners of ‘Responsible Fashion Awards’ – the first competition organised by MSKPU (International School of Costume and Fashion Design) in partnership with LPP. The competition seeks to promote the idea of fashion design in the spirit of sustainable development.
Owing to the launch of the pan-European online store and the opening of brick-and-mortar stores in Finland, the company’s offer is now available on 39 markets. In 3Q 2019 LPP generated over PLN 2 bn in revenue, which means an increase by 15% y/y. In the first 9 months of this year, the Polish clothing manufacturer recorded over PLN 6 bn in revenue, which means an annual growth of 13%. Positive financial results in Q319 are due to, among others, double-digit y/y online sales growth and positive LFL ratios. Yet another quarter in a row, the foreign sales results of the Polish producer were higher than the domestic revenues.
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