Exhibition Euroshoes Sklad
Moscow shoe stores reduced their turnover
02.11.2015 4790

Moscow shoe stores reduced their turnover

For the period from 3 quarter 2014 to 3 quarter 2015, the turnover of all operators of chain shoe stores in Moscow decreased by 20-25%, and the maximum drop in sales is at the level of 40%. The most significant reduction in turnover and attendance is observed in street retail stores. These figures are presented in the Knight Frank report on the Moscow shoe retail market. During the economic crisis, 95% of Moscow shoe operators raised commodity prices due to changes in the ruble exchange rate or an increase in purchase prices. The price of shoes in chain stores increased on average by 21%. Rockport left one foreign shoe retailer from Russia in 2015, but six new shoe brands from Italy, the USA and South Korea entered the domestic market. Many chains close unprofitable stores, and there are no prerequisites for changing the situation.

For the period from the 3rd quarter of 2014 to the 3rd quarter of 2015, the turnover of all operators of the chain shoe stores in Moscow decreased by 20-25%, and the maximum indicator of sales decline is at the level of ...
3.56
5
1
3
Rating

Latest News

Acne Studios introduced a pair of denim biker boots

For the fall 2023 season, Scandinavian footwear brand Acne Studios presented an unusual version of women's biker boots with a square toe, with a denim upper. A pair of shoes on the brand’s website is offered at a price…
21.09.2023 106

Loewe has released a model of shoes and ballet flats with huge bows

The Spanish luxury brand added a touch of femininity to its fall 2023 collection by releasing the rather extravagant Toy D'Orsay shoes. The classic pump with a glossy acrylic heel was released in pale beige velvet.…
21.09.2023 125

Detsky Mir Group purchased 58,26% of shares from minority shareholders

As part of the transformation of the company into a private business, which was announced in November 2022, PJSC Detsky Mir repurchased 58,26% of the shares from minority shareholders. This share was consolidated by a subsidiary of the company JSC DMF, which...
20.09.2023 129

Stuart Weitzman launched an advertising campaign with Chinese model He Kong

American women's shoe brand Stuart Weitzman supported its fall 2023 collection with the "Invincible Iconic" advertising campaign, starring Chinese supermodel He Kong. The photo shoot was shot by Karim Sadli in…
20.09.2023 253

China and Belarus strengthen bilateral cooperation in the leather industry

The Chinese Leather Industry Association and the Belarusian State Light Industry Agency signed a cooperation agreement to develop bilateral leather trade between the two countries, writes...
19.09.2023 228
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning