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Peek & Cloppenburg in Latvia

24. April 2013

Austrian Companies in Latvia Peek & Cloppenburg Ltd. profit increased almost 4 times last year

Clothing retailer Peek & Cloppenburg Ltd. boasts a 20.91% increase in turnover 2012 – the company managed to increase its turnover from LVL 2,938 million in 2011 to LVL 3,552 million in 2012. Consequently, the increase in sales has also significantly increased Ltd. Peek & Cloppenburg profit. Compared with 2011 the clothing retailer's profit after tax increased nearly four times last year amounting to LVL 202.688 thousand. The company has provided jobs for 27 employees in 2012.

Peek & Cloppenburg Ltd. in Latvia was established in 2007 and owned by the Austrian Peek & Cloppenburg KG.