Poland’s biggest fashion retailer, LPP has posted a strong uplift in profits for its first quarter. 

The owner of chain Reserved, which now operates five stores in London, has beaten analysts’ forecasts with a 20% year-on-year rise in its net profit for the period, reports Reuters. 

The retail group’s net profit reached 334 million zlotys, versus analyst forecasts of 246 million zlotys.

More to follow.

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