The interest of international brands in the Russian market is declining
07.04.2015 6721

The interest of international brands in the Russian market is declining

The interest of international operators in retail real estate in the first quarter of 2015 was noticeably reduced - only three retailers opened their first stores in Russia, according to a study by Colliers International, an international consulting company.

All facilities were launched in regional cities, while at the beginning of 2014, more than 10 new operators entered the Russian market. In general, according to consultants, over 2014, about 70 new operators opened the first stores in the capital and cities such as Sochi, Kazan, Barnaul.

“So far, only nine international brands have announced their expansion plans for 2015. The current level of exit of “foreigners” may become the lowest in the last three years, ”the study says.

Experts do not exclude that, given the current economic situation and the ongoing process of business optimization, some operators may adjust their plans. The process of leaving existing brands will also continue.

At the same time, experts emphasize that the Russian retail real estate market remains promising for launching new business projects, for example, in most contracts between tenants and lessors, the exchange rate was fixed at 40-45 rubles for 1 dollars.

The interest of international operators in retail real estate in the first quarter of 2015 was noticeably reduced - only three retailers opened their first stores in Russia, the study said ...
5
1
Rating

Latest News

Lamoda launches its own clothing and footwear brand

Russian online retailer Lamoda presented the first collection of its own women's clothing brand NUME. Exclusively on the Lamoda online platform under the NUME brand, about 90 items for women’s wardrobe are offered -…
18.04.2024 39

Shoe and clothing brands have released special collections for the 20th anniversary of the ST-JAMES boutique

The multi-brand boutique ST-JAMES, managed by a major player in the Russian fashion market, the Jamilco company, celebrates its 20th anniversary this year. A number of shoe and clothing brands represented in the boutique have prepared special…
18.04.2024 93

Balenciaga has released a new release of oversized 10XL sneakers

Fashion house Balenciaga debuted the 10XL sneaker during its fall 2024 runway show in Los Angeles back in December. At the time of the show, the first two color schemes of the new model were available for pre-order, which deliberately surprised...
17.04.2024 227

Bape and Adidas unveil a new silhouette of skate sneakers

Bape and Adidas have been collaborating for over 20 years and are debuting an all-new collaborative sneaker silhouette for the first time. Adidas N Bape is created in the spirit of skate culture of the early 00s and has some similarities with the Adidas Campus XNUMXs model,…
17.04.2024 1356

The government will expand the responsibilities of sellers of labeled goods

The Ministry of Industry and Trade has prepared amendments to the rules for labeling goods, expanding the responsibilities of manufacturers, sellers and importers of labeled goods, writes...
16.04.2024 1500
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning