Moscow shoe stores reduced their turnover
02.11.2015 4300

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 ...
Euro Shoes Exhibition

Latest News

Arifmetika MCC, part of OR GROUP, launches the service of target loans "Delhi for parts"

BNPL-service (Buy Now Pay Later, buy now - pay later) MCC "Arithmetika" will develop under the brand name "Delhi for parts". It will allow buyers to pay for goods in installments over several months. The company is going to connect to…
27.01.2022 121

Irina Shayk became the heroine of the new Pinko advertising campaign

Supermodel Irina Shayk dressed in a leopard in an advertisement for the spring-summer collection of the Italian brand of clothing and accessories Pinko.
27.01.2022 130

Tom Ford cancels New York Fashion Week show

American designer Tom Ford has decided to cancel the Tom Ford Fall/Winter'22 show scheduled for February 16, the last day of New York Fashion Week, citing the impact on the collection's business and production…
25.01.2022 170

Crocs launches digital collection of clogs

Together with the French brand EGONLAB and its digital creativity laboratory, the Crocs clog brand has released a digital collection of shoes in the NFT format. Five exclusive clog designs from the collection will be auctioned off by opensea.io as…
25.01.2022 241

Detsky Mir Group increased its total sales by 16,9% in 2021

Detsky Mir Group increased its total sales in 2021 by 16,9% to 184,3 billion rubles. At the same time, the group's total online sales in Russia increased by 39,1% to RUB 54 billion. (VAT included). Currently, the share of online sales in…
25.01.2022 174
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning