Obuv Rossii GC has summed up the financial results of 2013 year under RAS
21.03.2014 4010

Obuv Rossii GC has summed up the financial results of 2013 year under RAS

In the 2013 year, Obuv Rossii GC invested more than one billion rubles in the development of the retail network and achieved significant results: it opened 90 stores, the highest figure in the entire history of work, the company said.

The company entered 30 new cities and new regions, including the Amur Region, the Republic of Mordovia, Komi, Karelia, Bashkortostan, Buryatia, the Jewish Autonomous Region, the Khanty-Mansiysk Autonomous Okrug, and the Trans-Baikal Territory. Obuv Rossii opened stores both in large regional centers and in satellite cities with a population of 100 thousand or more.

The company worked to improve the assortment of the retail network, which allowed for an increase in sales profitability. In the spring of 2013, she launched a new brand Valeryia by Westfalika on the market - a line of exclusive footwear developed with the participation of singer Valery. These are more expensive designer shoes, now they make up 30% of the collections of Westfalika stores. The company also developed a high-margin assortment of related products, which now numbers over 500 SKUs. In 2013, Obuv Rossii increased sales of related products to 865 million rubles, their share in revenue increased to 17%.

Obuv Rossii developed additional services for customers. In 2013, installment sales grew by 47% to RUB 2,2 billion. To date, more than 400 thousand people have already purchased footwear by installments, 70% of them - two or more times. The second direction - microloans - also showed growth. The volume of loans issued in 2013 amounted to 1,2 billion rubles, the company's interest income - 571 million rubles (11,5% of the company's revenue).

In the 2013 year, Obuv Rossii GC invested more than one billion rubles in the development of the retail network and achieved significant results: it opened 90 stores - the highest rate in history ...
5
1
Rating

Latest News

Expo Riva Schuh & Gardabags unveils new logo

The Italian international exhibition of footwear and bags Expo Riva Schuh & Gardabags has updated its corporate identity and presented a new logo.
18.07.2025 149

Bottega Veneta Releases New Orbit Sneakers With Thinnest Soles

The Orbit Flash is a low-top lace-up sneaker made from soft suede and lightweight nylon with an ultra-thin sole and comes in three colorways including black, navy, light blue and yellow, and…
18.07.2025 179

Loro Piana under judicial supervision over worker exploitation case

LVMH-owned Italian luxury brand Loro Piana is under judicial supervision for one year over allegations of worker exploitation and inadequate supply chain controls, writes…
18.07.2025 277

New Balance Releases New Collaboration With Salehe Bembury

Photos have emerged of a new collaboration between New Balance and New York designer Saleh Bembury, a luxury streetwear designer who is vice president of sneakers and men's footwear at Versace…
17.07.2025 302

Converse Expects CEO Change

Jared Carver, CEO and president of the Converse brand, will step down after two years in the role. He will be replaced by Nike veteran Aaron Kane, who has been with the sportswear giant for more than 20 years and is vice president and…
17.07.2025 298
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning