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LC Waikiki To Increase Sales And Re-Export In 2022

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Natia Taktakishvili
04.02.22 16:00
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LC Waikiki plans to increase sales up to GEL 140 million in Georgia this year.

As Giorgi Dalalishvili, director of LC Waikiki for Georgia-Armenia told BMG, the company will be able to increase sales by opening new stores.

According to him, LC Waikiki will make re-export of USD 20 million to Armenia in 2022, which will exceed the 2020 level by 18%, when the company's re-exports amounted to USD 12 million.

The company had sales of GEL 116 million in 2019, GEL 100 million in 2020 and GEL 109 million in 2021.

LC Waikiki will open new branches in Zugdidi, Telavi and Gori with an investment of GEL 2 million and one hundred thousand.

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