The share of the "Monarch"
18.12.2012 1985

The share of the "Monarch"

The United Capital Partners fund intends to increase its share in the Monarch footwear retail chain from 36% to 80%. The deal will concern 80 stores, represented only in Ukraine, where the network is developed by the company "Monarch Retail Ukraine". In Russia, the fund owns a 36% stake in the business, the Kommersant newspaper reports. As stated in the UCP fund, the company's share of the Russian business will remain the same for now.

The UCP Fund became a co-owner of Monarch two years ago, having bought out 36% of the company. Then the retailer planned to significantly expand the network, both in Russia and on the Ukrainian market. According to the plans announced then, by 2014 the Monarch chain was supposed to increase to 400 stores (from 170). However, as the newspaper writes, referring to experts, instead of the declared growth, the brand network in Russia has almost halved. At the same time, the Ukrainian branch of "Monarch" demonstrates the growth of the network.

Monarch is a footwear retail chain in the middle and lower middle price segments in Russia and Ukraine. The brand portfolio includes the brands Monarch, ElitebyMonarch, Kaiser, Good Shoes and Wildcat. The company is the exclusive distributor of American brands Steve Madden and Naturalizer.

The United Capital Partners fund intends to increase its share in the Monarch footwear retail chain from 36% to 80%. The deal will concern 80 stores represented only in Ukraine, where the chain is developing ...

Latest News

BeInOpen Forum will give an opportunity to declare about themselves 10 young brands from the world of fashion

The New Fashion Industry Forum BeInOpen will be held digitally on June 4 and announce the return of the Open Stage format, in which 10 young fashion brands will have a chance to present their project on ...
23.04.2021 83

Lamoda launched a section of exclusive items and collections for its XNUMXth anniversary

The Russian online platform for selling fashion goods celebrates its tenth anniversary. By this date, a special section of exclusive goods from world brands has been launched, which were specially created for the celebration of the decade ...
23.04.2021 101

Detsky Mir expands its presence in the Urals

New stores of the Detsky Mir chain have opened in Chelyabinsk and Yekaterinburg. The tenth in a row in Chelyabinsk and the ninth in Yekaterinburg. Both new stores occupy 1000 sq. M. ...
22.04.2021 148

Turkish Eksposhoes will be held in June

The Turkish exhibition of shoes and leather accessories Eksposhoes will again be held in Antalya from 2 to 4 June 2021 and is glad to host buyers from ...
21.04.2021 159

Tod's Group has appointed Chiara Ferragni to the Board of Directors

The appointment of Chiara Ferragni, an Italian model and influential fashion blogger, to the board of directors of the Italian fashion group Tod's, was an important step for the famous brand of the same name, moccasins, as well as chic Roger Vivier shoes to conquer ...
21.04.2021 171
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning