Home Industry LASCANA breaks 100 million Euros mark

LASCANA breaks 100 million Euros mark

by Underlines

FilialeroeffnungOldenburg

Underwear and swimwear retailer Lascana has once again achieved a significant increase in earnings with sales  leaping from 93 million Euros to 120 million Euros. “We are looking at by far the most successful year of our still short brand history. We are particularly pleased to have recorded even two-digit growth rates throughout all distribution channels while we continue to grow profitably across all channels,” says Jens Fehnders, CEO of Lascana.

In its 13 company-owned shops, Lascana was able to increase turnover by 23% and 8% on a like-for-like basis. Lascana will continue to expand with 4 or 5 other stores to be opened until the end of the year as well as launching online shopping in Australia, Switzerland and the UK. “For the current financial year 2015/2016 we once again expect to post a two-digit sales growth across all distribution channels. I am convinced both nationally and internationally our concept shows considerable potential for growth,” says Fehnders, who believes permanent availability and stable prices for products as well as first-rate fit and design form the basis of Lascana’s success.

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