Market is becoming overcrowded with discount clothing brands
The Slovak market is becoming overcrowded with discount clothing brands, says Patrik Čanecký, head of the Slovak branch of Polish clothing company LPP (Sinsay, Mohito, Reserved, Cropp and House brands). New brands Primark and Action are arriving in Slovakia this year. LPP has 86 stores here and reported €105.7m sales in 2021. It plans to open 15 stores of its discount brand Sinsay this year. Its online store accounts for around 30% of sales. Last year, it raised prices by 5-15%.
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