LPP finance chief cites EU small-parcel duty for Sinsay growth
LPP’s finance chief told Reuters that Sinsay’s GPW online sales growth has accelerated since the second quarter ended in July, attributing the pickup to the EU’s new duty on small parcels.
Online sales growth at LPP's budget brand Sinsay has continued to accelerate since the second quarter ended in July, the Polish fashion retailer's finance chief told Reuters, in the clearest sign yet that the European Union's new duty on small parcels was drawing shoppers back to brick-and-mortar stores.