AS Baltika is a fashion retailer and is engaged in designing, manufacturing, distribution, wholesale, retail and supply chain management. It develops and operates fashion brands such as Monton, Mosaic, Baltman, Bastion and Ivo Nikkolo. Most of its revenue is derived from the sale of goods in retail channels followed by wholesale and franchise channel. Geographically, the company operates its business mainly from Europe. It operates in the business segments; Retail segment and All other segments. Retail segment consists of retail operations in Estonia, Latvia, Lithuania and Finland. All other segments consist of sale of good to wholesale and franchise clients, material and sewing services and e-commerce sales.