Retailer Obuv.com Leaves Market
Shoe retail Obuv.com, which in 2014 totaled about 100 stores, today closes the last five retail outlets in Moscow and St. Petersburg. Obuv Kom LLC is declared bankrupt, Delovoy Petersburg writes.
In 2012, 40% of the Obuv.com network, 40% were acquired by billionaires Dmitry Kostygin and August Meyer from Kirill Yavorsky, approximately for $ 25 million. At the time of the transaction, Obuv Kom LLC was unprofitable: revenue in 2012 amounted to 1,4 billion rubles, and a net loss of 155 million rubles.
According to SPARK, in 2013-2014. the company broke even, with a profit of 18 million rubles. In 2016, revenue decreased compared to 2015 from 2,1 billion rubles to 194 million rubles, a net loss of 558 million rubles.
Currently, the bankrupt company has been filed with more than 30 lawsuits totaling 344 million rubles. And Dmitry Kostygin, who also owns the Yulmart, Rive Gauche and Smile Rainbow networks, is under house arrest until February 14 on charges of large-scale lending fraud.
The shoe retail Obuv.com, which in 2014 had about 100 stores, is now closing its last five retail outlets in Moscow and St. Petersburg. Obuv kom LLC is recognized ...
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