In response to the ever-changing retail trends, the Baltic company Baltika Group representing fashion brands Monton, Mosaic, in Latvia, as well as premium brands Ivo Nikkolo and Baltman, has begun restructuring its business and changing its existing concept at the end of 2019. As a result, Monton and Mosaic will be merged under a single brand. Almost 20 years have passed since the company was established, and as Maruta Ērgle, the CEO of Baltika Group in Latvia, points out, the intended changes in the Baltic market are only a logical step in the further development of the company.
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