'Made in Latvia' means good quality at a sexy price

  • 2010-05-12
  • By Alina Lisina
RIGA - Lingerie production is one of the few manufacturing industries in Latvia which exist today, and even as an export good. Latvian lingerie collections gain success in international exhibitions in Europe, but the main market for it remains in Russia, which allows the business to grow despite the economic crisis.There are around 100 lingerie manufacturers in Latvia, which is quite an impressive number for such a small country. The industry today shows more than 50 million lats (71.4 million euros) in turnover (data for 2009) and employs more than 5,000 people.“The indust...
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