The Giotto retail network may be replenished by the end of 2024 with five new stores that will appear in Moscow and St. Petersburg. Investments in opening one store will amount to 5 million rubles, according to the Legprom Russia website.
The company, whose main activity is the production of shoes - Giotto factories are located in Moscow and Kaluga - believes that the development of retail will increase sales of its own brand shoes by 15-20%.
Giotto shoes are presented on online marketplaces and in partner multi-brand retail. Three mono-brand stores under the Giotto guise operate in Moscow and two in St. Petersburg. Three months ago, the Giotto corner, with an area of 50 sq. meters, appeared in the capital's department store of Russian designers Trend Island in the Aviapark shopping center.
The Giotto brand produces women's shoes for every day in the "medium-medium plus" price category.