The new store will be located on the -2 level of The Mall and will offer a wide selection of affordable, on-trend fashion, footwear, bags and accessories for teenagers and young women.
LPP GROUP'S NETWORK IN BULGARIA
At present, LPP Group operates a network of 22 stores in Bulgaria: 7 Reserved, 2 Cropp, 2 Sinsay, 4 House and 6 Mohito stores.
Within the South East Europe region, the Polish retailer is also present in Romania, Croatia, Bosnia and Herzegovina, Slovenia and Serbia.
LPP GROUP'S EXPANSION IN SEE REGION
LPP Group began its expansion in the region in 2017, with the opening of its first store in Romania. Shortly thereafter, the company expanded its presence to other SEE countries - Bulgaria, Slovenia, Croatia, and Serbia.
Its brands are well-recognized and popular in all markets due to their vast fashion offer, good quality and highly affordable prices. The company expands through large-format stores, mainly located within prominent shopping centers with rich entertainment and leisure zones. At the moment, the Group’s retail network in the Balkan region consists of more than 100 stores.
This year, LPP Group announced plans to invest in a new distribution center in Romania, which will help to support its dynamic expansion in the region. The new facility is set to open by the end of 2019, and will also support the development of LPP’s e-commerce business in South East Europe.
LPP ON THE WORLD STAGE
LPP Group is one of the fastest growing clothing companies in the region of Central and Eastern Europe. For over 25 years, the company has carried out its operations in Poland and abroad. Its retail network consists of over 1700 stores and e-commerce websites for all of its brands.
THE MALL: A RETAIL HUB FOR INTERNATIONAL BRANDS IN BULGARIA
The Mall is a high performing shopping center in Bulgaria, located in the eastern part of Sofia, on Tsarigradsko Shose Boulevard. It is owned by Hystead Limited, a specialized shopping center investor and operator, with a strong presence in the SEE region.
The Mall center has recently completed a major extension project, adding 12,000 sqm of space and 40 new retail units. The extension, funded by DSK Bank, introduced a diverse portfolio of brands, including PEPCO, JYSK and Ciela bookstore, as well as the opening of the biggest Billa supermarket in Bulgaria.
Combined with anchors such as Inditex Group, Peek & Cloppenburg, H&M, Reserved, LC Waikiki, Arena Cinema, Technopolis and Mango, the new tenants make The Mall a dominant retail destination in Sofia.
Read full article about The Mall extension HERE.
Sign up to our weekly newsletter to keep updated on our new articles about the retail market. SIGN UP HERE.
If you would like us to cover a story about your project or company write to us at firstname.lastname@example.org