Uzbekistan Attracts Major Foreign Investment as LPP S.A. Launches Expansion

Leading Polish fashion retailer LPP S.A. has announced plans to invest $10 million and open 20 new stores across the country by the end of 2025 in a major boost to Uzbekistan’s retail and textile sectors.

The initiative marks a significant step in LPP’s expansion into Central Asia and reflects growing investor confidence in Uzbekistan’s market, The Caspian Post reports, citing Uzbek media.

The move was officially inaugurated with the opening of the country’s first SINSAY store at the Yunusabad Gallery mall in Tashkent. SINSAY, one of LPP’s flagship brands, caters to youth, families, and fashion-forward consumers seeking affordable styles.

The company’s Uzbekistan entry is the result of coordinated efforts between the Foreign Ministry, the Uzbek Chamber of Commerce and Industry, the Uztextileprom Association, and the Embassy of Uzbekistan in Poland. The collaboration is part of a broader economic diplomacy campaign to attract reputable European brands to Uzbekistan’s growing consumer market.

Founded in 1991, LPP S.A. is now one of Europe’s top fashion groups, with more than 2,000 stores in over 40 countries. Its five retail brands-Reserved, Cropp, House, Mohito, and Sinsay-serve a wide global clientele, with established operations across Europe, the Middle East, and Asia, including Germany, Romania, Egypt, and Kazakhstan.

As of 2025, the company has already injected 67 billion Uzbek soums ($5,250 billion) in direct investments into Uzbekistan. Its local operations currently employ more than 30 full-time Uzbek specialists, helping generate skilled jobs and bring international standards to local retail management.

Moreover, LPP S.A. is exploring partnerships with Uzbekistan’s textile industry, with ongoing discussions focused on joint production ventures and enhancing the export capacity of local manufacturers.

The project is expected to have a multiplier effect-stimulating the domestic textile value chain, raising product quality to global benchmarks, and introducing competitive retail practices. It also aligns with Uzbekistan’s strategy to diversify its economy and integrate more deeply into global trade and investment networks.