Maratex curbs trade in Ukraine
06.02.2014 2551

Maratex curbs trade in Ukraine

The Polish company Empik Media & Fashion Group is not interested in continuing to operate in the retail clothing and footwear market due to low financial performance. In this regard, the Maratex company belonging to it is closed in Ukraine. She is currently negotiating the sale of Esprit and River Island chains. As of the end of 2013, the company had ten stores (OVS, Esprit and River Island) in Ukraine.

Empik Media & Fashion Group distributes various products and develops retail chains. As of the end of September 2013, the group had 632 stores, including outlets selling clothing and footwear (Esprit, GAP, Aldo, River Island, OVS, Converse), Smyk children's goods, Empik books, and Speak language schools. Up. Sales in the nine months of 2013 were $ 719 million.

EM&F announced the possibility of closing their fashion segment back in the fall of last year. In 2013, EM&F restructured its brand portfolio, resulting in the termination of contracts with four companies (Aldo, Orsay and Tally Weijl, as well as Peacocks due to bankruptcy). It should be noted that in Ukraine the OVS and Maratex networks did not operate under the franchise system.

Recall that Maratex was founded in 2006 as a result of the merger of the Russian BTI-Systems (clothing brands Esprit, Peacocks and Lulu Castagnette) and Baza (Ukrainian franchisee Esprit).

The Polish company Empik Media & Fashion Group is not interested in continuing to work in the retail market for clothing and footwear due to low financial ...

Latest News

Crocs has updated the retail concept of stores in two Moscow "Mega"

In Mega Teply Stan and Mega Belaya Dacha, the renewed retail of the American shoe brand Crocs was opened. The Crocs Urban store concept was developed by Russian designer Polina Shcherbakova together with the international agency Briggs ...
14.05.2021 124

"Gardener" goes online

The Sadovod clothing market near Moscow opens its online store on the AliExpress platform and goes online for the first time. Sales of "Gardener" products on the Internet will be conducted in parallel with ...
14.05.2021 152

Wildberries Records Substantial Growth in Running Shoes Sales

During the "big" May holidays, Russian consumers actively purchased sports goods. This is evidenced by the sales data of Wildberries, the largest online marketplace in Russia. From May 1 to May 10, 2021, residents of our country purchased online ...
14.05.2021 127

Concept Group is testing a subscription service for baby clothes

Concept Group, a member of AFK Sistema, is trying a new format of service for the sale of clothes and launches a subscription service for children's clothing of the Acoola brand. Acoola Box will become an analogue of NetFlix in the fashion world and will simplify the process of buying children's clothing for ...
13.05.2021 205

Paper Shop outlet opened at Novaya Riga Outlet Village

A new outlet in the Paper Shop format was opened in Moscow in Novaya Riga Outlet Village. The store offers a wide range of clothes, bags, shoes, accessories from the current collections of Calvin Klein, Calvin Klein Underwear, Diesel, ...
13.05.2021 218
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning