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As of August 29, 2023, AS Baltika was acquired by KJK BLTK Holding OÜ in a reverse merger transaction. AS Baltika, together with its subsidiaries, designs, develops, purchases, and sells arrangement of the fashion brands of clothing in Estonia, Latvia, Lithuania, and internationally. It operates through Retail, E-commerce, and All Other segments. It develops and operates the Ivo Nikkolo fashion brand. The company also offers materials and sewing services, as well as trades in and retails clothing products. The company sells its products through retail and e-commerce channel, and other sales channels, including wholesale, franchise, and consignation clients. AS Baltika was founded in 1928 and is headquartered in Tallinn, Estonia.
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