Shoe retailers believe they can keep prices down
11.04.2018 2094

Shoe retailers believe they can keep prices down

In connection with the continued depreciation of the Russian currency since April 10, shoe retailers gave their forecast for the revision of prices for shoe products in their retail, Kommersant writes.

According to the assurance of the management of the Econika shoe network, if exchange rate fluctuations are limited to the 5 – 10% range, there will be no retail price review.

The same opinion is shared by the CEO of Shoe of Russia Anton Titov. “But if the fall is significant for a long period, then a price increase is possible,” he notes, adding that at the end of 2017, the share of imports in the Russian shoe market reached 80%.


In connection with the continuing fall of the Russian currency since April 10, shoe retailers have given their forecast for the revision of prices for shoe products in their retail, - writes ...
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