New Re: Store Niche
10.05.2012 2491

New Re: Store Niche

Re: Store will sell Nike in Russia

Re: Store Retail Group, which develops mono-brand networks of re: Store (Apple), Nokia, Samsung, Sony Center and Lego, will try its hand at a new retail direction. As it became known to the Vedomosti newspaper, the company received the rights to open franchise stores for Nike sportswear and footwear.

According to Tikhon Smykov, CEO of re: Store Retail Group, the contract is currently at the final stage of signing. The launch of the first Nike store is scheduled for summer 2012, and 3-4 outlets are expected to open by the end of this year.

Within three years, the new partner Nike expects to build a network of 15 branded stores with a sales area of ​​about 300 square meters. “By format, the stores that Nike partners open are unified. But we hope that ours will be distinguished by the quality of the design and the high qualifications of the sellers, ”Smykov comments.

As of April 30, 2012 re: Store Retail Group manages more than 60 re: Store Apple Premium Reseller stores in Russia, 25 in Europe, as well as about 60 stores of other brands. The company's sales revenue in fiscal 2011 amounted to $ 393 million, an increase of 60% over the year, malls.ru writes.

Re: Store will be sold by Nike in Russia The re: Store Retail Group company, which develops mono-brand networks of re: Store (Apple), Nokia, Samsung, Sony Center and Lego, will try itself in a new direction ...
5
1
Rating

Latest News

Birkenstock invests €15 million to build a factory in Portugal

German footwear brand Birkenstock is investing 15 million euros in the construction of a production site in the district of Arouco in northern Portugal. The new enterprise is designed for 600 jobs, reports The Portugal website...
27.05.2024 140

Expo Riva Schuh & Gardabags will be held in June

The next international exhibition of shoes, bags and accessories Expo Riva Schuh & Gardabags will be held from June 15 to 18 in Italy in Riva del Garda. It will present exhibitors from 40 countries (including China, India, Brazil, Italy, Portugal, Spain and…
27.05.2024 112

India records decline in leather exports

Exports of leather and leather goods fell nearly 2024% in the fiscal year ended March 10 compared to the previous fiscal year due to weak demand in markets such as the US and...
24.05.2024 342

The acquisition of LLOYD Shoes by the Swiss Arklyz Group has been completed

The takeover of footwear manufacturer Sulinger Lloyd Shoes GmbH by the Swiss investment company Arklyz AG has been completed. As we wrote earlier, in January Arklyz reached an agreement with the owner, Ara AG, to purchase the shoe brand, including all operating...
24.05.2024 405

The Astrakhan factory "Dune-Ast" will expand the production of sneakers

The Astrakhan footwear and clothing manufacturer PFC Duna-Ast took advantage of preferential financing from the Industrial Development Fund and allocated funds for technical re-equipment and the purchase of special equipment for the production of sneakers and...
23.05.2024 452
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning