Russian retail earns more than 200 thousand rubles from one “square”
19.07.2011 5037

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

Louis Vuitton's Speedy tops the list of best-selling luxury bags on the secondary market.

According to the 2026 report by leading US luxury resale platform Fashionphile, Chanel is the most sought-after brand, while Louis Vuitton has confirmed its status as the most purchased brand, writes Fashion…
16.10.2026 905

Timberland and Jacquemus have released new versions of their crocodile-print topsiders.

Timberland and Jacquemus continue their collaboration, promoting preppy footwear. This fall season, the two released new versions of their topsiders in a collaboration…
16.10.2026 419

Hikes and Street Beat released a collaboration with artist Misha Nikatin.

The Hikes brand presents a winter collaboration with the multi-brand chain Street Beat, dedicated to the theme of travel and the connection between humanity and nature. The project is based on the work of artist Misha…
15.10.2026 512

The new adidas Originals x CLOT Superstar sneakers are a collaboration with Edison Chen.

adidas Originals and Hong Kong streetwear brand Clot, founded by Canadian actor Edison Chen, have unveiled the adidas Originals x CLOT Superstar collaboration. It includes two adidas footwear styles…
15.10.2026 6795

Clothing and footwear manufacturing will be included in the list of creative industries.

The Ministry of Economic Development has prepared a draft order expanding the list of activities in the creative industries by almost 40% and adding mass production of clothing and footwear. Until now, this list only included…
14.10.2026 744
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning