Soho
Russian retail earns more than 200 thousand rubles from one “square”
19.07.2011 2954

Russian retail earns more than 200 thousand rubles from one “square”

The average revenue per square meter of the largest apparel and footwear retailers in Russia has grown by 3% over the past year. These data are presented in the INFOLine Retailer Russia TOP-100 rating of retail chains, compiled by INFOLine in cooperation with Retailer magazine. According to the study, more active growth in revenues is hindered by the growth of rental rates. Moreover, for the segment of clothing and footwear - this figure is one of the highest.

INFOLine notes that on average over a hundred Russian retail leaders, sales per square meter grew insignificantly (6,3% in ruble terms, which does not even cover last year’s inflation). This is primarily due to the high level of competition in the markets of large cities, where the bulk of the revenue of large retailers is formed. A significant increase in the revenue of most of the largest chains in 2010 was not due to an increase in the efficiency of their operating activities, but to an increase in the area as a result of the opening of new stores (the total increase in the area of ​​the first hundred retailers by the end of the 2010 year amounted to 13 million sq m).
 
Revenue per square meter for 2010 year varies significantly depending on the segment. According to INFOLine analysts, this is due to the fact that the levels of rental rates in shopping centers for chains also vary depending on the retail segment. So, the level of rental rates in Russia for clothing market players reaches $ 4 thousand per square meter per year.

INFOLine predicts a further increase in rental rates. According to the agency’s specialists, the tendency will be further developed already in the first half of this year. Since the beginning of 2011, many developers, owners of shopping malls, have been engaged in the renegotiation of contracts that were concluded during the crisis. Prices in new contracts are rising, analysts say. About it writes fashionunited.ru

The average revenue per square meter of the largest retailers of clothing and footwear in Russia over the past year has grown by ...
5
1
Rating

Latest News

Fila collaborates with Haider Ackermann

South Korean company, manufacturer and supplier of sportswear Fila has released a collaboration with French designer of Colombian origin Haider Ackermann. The capsule includes men's and women's clothing (colorful leggings,…
02.12.2022 152

Pakistan ramps up shoe exports

Footwear exports from Pakistan increased by 2022% between July and October 82, a year-on-year growth of 31%, while leather exports increased slightly, according to the Pakistan Bureau of Statistics (PBS)…
02.12.2022 158

On Black Friday, Wildberries sold goods for 106 billion rubles.

The Black Friday promotion was held on Wildberries from November 18 to November 28, 2022. The sale aroused high interest among buyers and surpassed last year's figures. In total, the participants of the action ordered goods for a total amount of about 106,4 billion rubles, which is almost…
01.12.2022 257

Ralf Ringer is challenging in court the demand of the Federal Tax Service for additional taxes and penalties for 1,5 billion rubles.

As we wrote earlier, the federal tax authorities want to recover about 1,5 billion rubles in tax fees, fines and penalties from the Russian shoe company Ralf Ringer. Shoe manufacturer and retailer is trying to challenge the actions of the tax authorities through…
30.11.2022 293

The sports industry from equipment and materials to collections of ready-made clothes and shoes - at the Sport Casual Moscow exhibition

From January 16 to January 18, 2023 in Moscow, in the Izmailovo Hotel, the XVI exhibition-presentation SPORT CASUAL MOSCOW of sports, casual and tourist clothing, shoes, accessories, as well as technologies, materials and equipment for their…
30.11.2022 370
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning