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 online store) includes products of OR GROUP's own brands and partner products. The number of partners of the trading platform at the end of January amounted to 775 companies, - the official press release says.
The revenue of the westfalika.ru trading platform in January 2021 amounted to 266 million rubles. Including the revenue of the westfalika.ru marketplace amounted to 107 million rubles. (40% of the sales of the westfalika.ru trading platform). In addition to the sale of goods in the Westfalika network, which has 838 objects in 333 cities of Russia, additional services are being developed, such as the service for issuing partner online orders, and the provision of space for placing partner checkpoints.
Also Obuv Rossii continues to actively develop financial services. The revenue of LLC MCC Arithmetika, a member of the group and specializing in cash loans, amounted to 218 million rubles. At the end of January, the group's cash loan portfolio reached RUB 2 million. The average loan amount in January increased to 919 rubles.
At the moment, wholesale sales still account for a large share in the group's revenue structure. In January 2021, wholesale revenue amounted to RUB 332 million. The group's unaudited revenue in January 2021 amounted to RUB 815 million.
OR GROUP (formerly Obuv Rossii group of companies) was founded in 2003, has its headquarters in Novosibirsk and an office in Moscow. The company develops the westfalika.ru marketplace and manages a chain of retail and service outlets under the Westfalika brand, numbering 838 objects in 333 cities of Russia, and also develops footwear and clothing brands for an active lifestyle S-tep, all.go and Snow Guard, owns two shoe brands factories in the Novosibirsk region. In 2019, the group's revenue amounted to RUB 13,7 billion, net profit - RUB 1,7 billion, EBITDA - RUB 3,6 billion.