LPP of Poland leased 25,000 sqm in the industrial park in Sereď opened by PNK Group of Russia last year. LPP, with fashion brands Reserved, House, Cropp, Mohitou and Sinsay, will set up an e-commerce logistics center with several hundred workers in the park, serving its online stores in the entire CEE region. Right next to the new park, Amazon has its reverse logistics center.
LPP brands have 55 brick-and-mortar stores in Slovakia and had €58m sales here last year. They will open several new stores this year.