LTP Annual Sustainability Performance Report 2022

GARMENT DIVISION

LTP garment operates in six product categories: Active Sport, Cycling, Outdoor, Athleisure, Urban Performance and Sustainable Fashion & Lifestyle.

LTP garment serves customers from two innovation centres, one in Europe and one in Asia. The European innovation and cutting centre are situated in Lithuania with a local management team overseeing 5 manufacturing service sites. The Romania set up was established in June 2022 following acquisition of business activities from an existing textile manufacturer. In total the European manufacturing set up counts +800 employees and 118 3rd party production partners. The two fully owned manufacturing locations in Belarus have been operational during 2022. The re-structure of capacity continues, and further reduction is planned in 2023.

The innovation centre in Asia is situated in Ho Chi Minh City and counts +1.100 employees and 24 3rd party production partners.

6

Powered by