Polish fashion brand Sinsay, owned by the large retail group LPP, plans to open five new stores in Ukraine by the end of the summer.
According to the retailer’s website, the store in Tyachiv (Zakarpattia region) is scheduled to open on August 19, in Yuzhnoukrainsk (Mykolaiv region) – on August 22, in Kryvyi Rih, Zhytomyr and Poltava – on August 23.
As reported, the Polish group LPP, which owns the brands Reserved, Sinsay and others, plans to double the number of its stores in the next three years, betting on the budget brand Sinsay and the overall growth of the company’s sales. There are plans to reach 4755 stores by the end of 2026, of which 3248 are Sinsay stores.
The group has more than 140 stores in Ukraine.
At the end of 2023, the group’s sales increased by 9.3% to PLN 17.41 billion, while net profit increased by 85.5% to PLN 1.61 billion.
