Kari launches franchise
24.04.2015 8521

Kari launches franchise

The Russian Kari shoe network is going to expand its presence in the regions through a franchise. Previously, all stores in the network, and there are already more than 800 in Russia, Kazakhstan, Ukraine, Belarus and Poland, were their own.

Investments in the opening of one franchise point amount to about 4,5 million rubles, while the company promises that the invested funds will return to within 1,5-2 years. The top manager emphasized that development through partners will only occur in cities that are not part of the retailer’s own plans to open new stores.

Recall that the Kari brand was founded in 2012 by Igor Yakovlev, the former owner of the Eldorado electronics network. At the end of 2014, the company's turnover amounted to 16 billion rubles, which is 92% more than a year earlier.

The Russian Kari shoe network is going to expand its presence in the regions through a franchise.  
5
1
Rating

Latest News

Lamoda: demand for sportswear and footwear increased by 3% in Q45

According to Russian retailer Lamoda, demand for sportswear, footwear and accessories increased by 45% in July-September compared to the same period last year. The top 5 most popular sports items included sneakers, trainers, T-shirts,…
11.10.2024 236

Coccinelle Spring-Summer'25 Collection Presented in Moscow

Yesterday in Moscow BNS Group held a presentation of its brands' collections. Among them is the Italian luxury brand Coccinelle. Shoes Report wrote about its spring-summer'25 collection quite…
11.10.2024 341

Adidas Goes Premium With Samba Sneakers

The German sports brand has launched a new model of Samba sneakers, made in Italy. The sneakers are made entirely of leather, including the lining. The premium Vachetta Tan pair costs $350, while the standard Samba models…
10.10.2024 312

Puma Releases Collaboration With New York Rapper A$AP Rocky

This fall, the Puma brand is presenting a new, highly conceptual collaboration with American rap artist A$AP Rocky. The joint collection includes sneakers with a design inspired by…
10.10.2024 461

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 434
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning