Rieker
By the end of the year, Obuv Rossii GC will increase its retail sales to 537 stores Westfalika shoe stores are managed by Obuv Rossii
13.12.2017 1014

By the end of the year, Obuv Rossii GC will increase its retail sales to 537 stores

The Obuv Rossii group of companies continues to expand its retail network. Currently, the company operates 533 stores (113 operate under a franchise) under the brands Westfalika (single-brand shoe store), Pedestrian (multi-brand shoe supermarket), Rossita (store for the whole family), Emilia Estra and Lisette (fashion shoe stores).

Shops are open in more than 140 cities of Russia. Over the past two months (October and November), the retailer has acquired 12 points of its own. In December, the company intends to open another 6 stores, mainly under the Westfalika brand.

Thus, by the end of the year, according to the plans of the company, the retail network of Shoe of Russia will have 537 stores, of which 424 will be its own outlets. The total growth of the retail network over the year will be more than 80 stores.

“The company is consistently implementing a development program announced as part of its IPO. We intend to continue to maintain such high rates of network growth. Our key tasks are to develop retail, open new stores, while demonstrating high financial performance. We will further strengthen our leadership in the mid-price segment and improve the quality of service for our customers, ”said Anton Titov, Director of the Obuv Rossii Group of Companies.

The Russian shoe market is poorly consolidated: according to the Discovery Research Group, at the end of the 1 half of the 2017, the share of TOP-10 players in the Russian shoe market was only 14,19% in value terms. In addition, during the crisis, a number of small, local shoe chains left the market. Therefore, now is a favorable time for expanding the business, increasing the share in the regions of presence and entering new cities, the company said in a press release.

GC "Shoes of Russia" founded in 2003 year, has a headquarters in Novosibirsk and an office in Moscow. The group is engaged in the production and sale of footwear and related products. The company operates 533 stores, develops footwear and clothing brands for an active lifestyle S-tep, All.go and Snow Guard and owns two shoe factories in the Novosibirsk region.

In accordance with the audited IFRS financial results, in 2016 the group's revenue amounted to 9,97 billion rubles, net profit - 1,18 billion rubles, EBITDA - 2,54 billion rubles.

The Obuv Rossii group of companies continues to expand its retail network. The company currently operates 533 stores (113 franchised) under the Westfalika brands ...
5
1
Rating

Latest News

Farfetsh will cooperate with Bosco di Cilegi

Farfetsh, one of the world's largest online platforms for the sale of fashionable goods, has entered into a cooperation agreement with Bosco di Cilegi, a major player in the Russian luxury fashion market. In the course of cooperation, the online platform ...
01.03.2021 52

"Honest Mark" transfers the participants of the marking system to electronic document flow

The operator of the labeling system - CRPT - drew up a plan for the transition to electronic document management for those who work with labeled goods. According to the decree of the government of the Russian Federation of December 25.12.2020, 2273 No. 1, from January 2022, XNUMX, use only ...
01.03.2021 52

Salvatore Ferragamo showed a "Positive Future" in the fall-winter 2021 season

The new Salvatore Ferragamo collection, shown as part of Milan Fashion Week on Saturday, February 27th, presents the house's creative director Paul Andrew's original take on fashion today. Collection inspiration ...
01.03.2021 49

OR GROUP: In January, Westfalika's online sales reached 62 million rubles.

OR GROUP reports that in January 2021, the share of online sales in the revenue of the marketplace created on the basis of the Westfalika retail network increased by 23,4%. Online sales reached RUB 62 million. The assortment of the trading platform (retail chain and ...
26.02.2021 223

Brunello Cucinelli has diluted a cozy boho style with outdoor shoes

In the new women's collection of the Italian luxury brand Brunello Cucinelli, which was presented online at Milan Fashion Week on February 24, multi-layered cozy garments made of knitwear, cashmere, mohair and silk are unexpectedly combined with ...
26.02.2021 266
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning