LPP shares jump after second-quarter profits rise
LPP Group’s shares rose about 7% in early afternoon European trade Friday after the Polish fashion retailer reported a sharp rise in second-quarter profits, signaling recovery in online demand and wider margins.
Shares in LPP Group climbed to a five-month high after the Polish fashion retailer reported a sharp increase in second-quarter profits, citing a recovery in online demand and wider margins. The stock was up 7% in early afternoon European trade on Friday, making it the leading gainer in the continent-wide S…