Fashion Galaxy does not plan to close the network
27.01.2015 5246

Fashion Galaxy does not plan to close the network

The Fashion Galaxy shoe chain of multi-brand stores has officially denied the rumors about the closure of the chain, which began to appear in connection with the closure of several stores - in the shopping centers Kaluzhsky, Schuka and Atrium.

“Indeed, due to the difficult economic situation in the Russian Federation, fluctuations in the exchange rate, we will be forced to close some stores, but only unprofitable ones - this is a healthy optimization of the business,” said a spokesman for the company. - With an optimal ratio of rental rates to sales, stores will continue to operate. This applies to all retail players and not only, as this is the general trend of retailers in Russia. The network is still working and adapting to new conditions. As for prices, we have very selectively and insignificantly raised them by some positions, which in the end has almost no effect on the average bill for the consumer and continues to cause a rush of demand. "

Fashion Galaxy multi-brand shoe store chain has officially denied rumors about the chain’s closure, which began to appear in connection with the closure of several stores - in the shopping center “Kaluga”, “Pike” ...
5
1
Rating

Latest News

Clot x Adidas Collaboration Continues

In June of this year, Adidas and Asian streetwear brand Clot collaborated to release a radically updated version of the Superstar sneakers. The sports shoes were practically transformed into brogues and came out in black and white colorways. Now…
09.10.2024 101

Shanghai Fashion Week starts today

Dozens of local brands, as well as major global brands such as Vivienne Westwood and Moncler, will take part in the events of Shanghai Fashion Week. The fashion week will last 12…
09.10.2024 1029

The most spectacular shoes and accessories are in the new Dries Van Noten collection

The new Dries Van Noten collection, created for the spring-summer '25 season, oddly enough, is very much in harmony with the beginning of golden autumn, the most beautiful and colour-rich season of the year. In it, bright accessories are paired with very effective…
08.10.2024 1076

Adidas Releases Sneakers for Bob Marley Fans

Bob Marley was known to wear Adidas, and now Marley fans will have the opportunity to wear a pair of sneakers that feature the signature and image of the all-time reggae guru and…
08.10.2024 1054

Y/Project is in bankruptcy and is looking for a buyer

On September 26, Y/Project was placed into receivership. The Parisian women's and men's wear and footwear brand, known for its innovative designs, had until recently attracted a huge following during its shows…
07.10.2024 1141
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning