Deichmann stops development of retail in Russia
07.06.2022 23060

Deichmann stops development of retail in Russia

The German footwear brand Deichmann has announced the termination of its branded retail network in Russia. The company sold all 37 stores to a Russian partner, who also received inventory and inventory.

The amount of the deal was not disclosed. The new owner will continue developing the retail network under a different brand. Europe's largest shoe retailer has been operating in Russia since 2014. The staff of the Russian division of Deichmann has 260 employees.

The German footwear brand Deichmann has announced the termination of its branded retail network in Russia. The company sold all 37 stores to a Russian partner, who also received inventory and…
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