Spartak Shoe Factory Increases Operating Profit 22 Times
According to the published quarterly report, the revenue of Spartak Shoe Factory OJSC decreased by 37,9%: from 185,1 million rubles in 6 months of 2013 to 114,9 million rubles in 6 months of 2014.
At the same time, management adequately optimized the main costs: the gross profit of the enterprise decreased only by 2,5 million rubles to 43,6 million rubles in the first half of the 2014 year.
Selling expenses were cut by RUB 4,7 million to RUB 9,8 million, and administrative expenses - by RUB 13,6 million to RUB 17,3 million for the first half of 2014.
It is curious that thanks to the successfully implemented cost-cutting policy, the factory’s operating profit increased 22 (!) Times: from 0,7 million rubles in January-June of 2013 years to 16,5 million rubles in January-June of 2014 years.
Shoe Factory Spartak received a symbolic 279 thousand rubles of net profit for 6 months of 2014, against a net loss of 70,4 million rubles for 6 months of 2014.
According to the published quarterly report, the revenue of Spartak Shoe Factory OJSC decreased by 37,9%: from 185,1 million rubles in 6 months of 2013 to 114,9 million rubles for 6 ...
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Rendez-Vous has relaunched its wholesale business
Now the discount on the assortment is up to 65% of the retail price.
Euro Shoes starts on February 18th in Moscow!
The main international exhibition of footwear and accessories will be held in Moscow at the Expocentre from February 18 to 21. The exhibition will present collections of leading European brands, both well-known in our market and new names!
Spanish footwear brand JOSE SAENZ debuts at Euro Shoes
The young and ambitious Spanish brand of women's footwear JOSE SAENZ will present its collection for the first time at the international footwear exhibition Euro Shoes in Moscow.
How to Conduct an Effective Strategy Session for a Shoe Business?
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We are ready for active development in the Russian market
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“How do you charge your consultants for personal or general sales?” Is one of the most popular questions causing a lot of controversy and gossip on the online forums of retail business owners. Indeed, how to properly form the earnings of sellers? But what about bonuses, where to get a sales plan from, do employees allow them to buy goods at discounted stores? In search of truth, the Shoes Report turned to a dozen shoe retailers, but no company wanted to disclose its motivation system - the process of its development was too complicated and individual. Then we asked four business consultants, and finally became convinced that the topic of seller motivation is very complex, because even our experts could not come to a common opinion.
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The whole truth about Bayer. Who is he and how to become one?
Bayer is no longer a new, but still a popular and sought-after profession. It’s fashionable to be a buyer. Buyers are at the origins of the emergence and development of trends. If the designer offers his vision of fashion in the season, then the buyer selects the most interesting commercial ideas. It is on buyers that the policy of sales of stores and what, in the end, the buyer will wear depends on. This profession is surrounded by a magical fleur, often associated with a lack of understanding of what exactly is the work of a buyer.
Fur, and not only: types of lining
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The best models of Czech shoes of the past
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Retail Arithmetic
Before you begin to solve specific problems, you need to find out how accurately all the leaders of your company understand the basic terminology of retail.
How to fire a worker without tears, scandal and trial
Sooner or later, any manager is faced with the need to part with an employee. Properly and on time the dismissal procedure will save the company money, and the boss himself - nerves and time. But why sometimes, knowing that a break in relations is inevitable, we put off the decision for months?
