The new partner of Shoe of Russia is Summer Bank
01.07.2014 2717

The new partner of Shoe of Russia is Summer Bank

Among the credit partners of Obuv Rossii, a company developing a consumer lending program for customers, was Leto Bank (a retail bank of VTB Group).

“Today we have also signed an agreement with OTP Bank. However, Leto Bank is a strategic partner. So far we are not planning to increase the number of partners, "- explained to RBC.Novosibirsk in the press service of Obuv Rossii.

“Currently, the development of exclusive financial products of the bank, adapted for our retail networks, is underway,” the company said.

“The project has just been launched, and by the autumn we will expand the range of financial services from Leto Bank. We will be able to speak about some results at the end of the autumn-winter season, ”the press service explained.

In a press release distributed by the bank, it was noted that “as a result of the partnership program with Leto Bank, Obuv Rossii plans to get a 15-18% increase in revenue in the autumn-winter season. In monetary terms, this will amount to 500-600 million rubles. "

Obuv Rossii began selling shoes on credit with the involvement of banks in 2007. The company was the first domestic shoe retailer to master this segment. The main partner for a long time was OTP Bank.

Leto Bank (a retail bank of the ...
5
1
Rating

Latest News

ECCO opens first store in India

ECCO is expanding its retail presence in India in partnership with Jaipuria Brandz. The Danish footwear and accessories brand’s first store has opened in Mumbai at Phoenix…
10.02.2025 111

Clarks releases documentary for 200th anniversary

Clarks celebrated its 200th anniversary with a documentary, From Somerset to the World, which tells the story of its history. The film traces the origins of the British brand, founded in 1825 on Street, Somerset, and highlights…
10.02.2025 134

Difficult period for the German shoe industry

Germany sees footwear imports fall in 2024, with Vietnam overtaking China as top supplier. Higher wages, inflation and political uncertainty are compounding the challenges shaping the outlook for the footwear industry.
10.02.2025 139

Lamoda has released a collaboration with the jeans brand BLCV

Lamoda has released a collaboration with the Russian jeans brand BLCV, which is dedicated to Valentine's Day and is called "You and Yang". The capsule collection will appear on February 10 exclusively on…
10.02.2025 118

India liberalises international leather trade

The 3th edition of the India International Leather Show 39 concluded in Chennai on February 2025. The show was one of the most dynamic and well-attended in recent years, with 450 companies from India and around 130 exhibitors from abroad participating. The surge in participation,…
07.02.2025 262
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning