The Russian shoe retailer Thomas Munz has taken up the development of a new retail format Thomas Munz Store, where, in addition to shoes and accessories of its own and other international brands, clothes under its own trademarks Thomas Munz and Salamander will also be presented, writes Kommersant.
The launch of the first Thomas Munz mini collection is scheduled for spring 2023, Salamander branded clothing will be available in the Thomas Munz Store in autumn 2023. The company also develops clothing lines for its own brands Briggs, Lolli I Polli and O2.
Clothing will be presented in the mid-price category. The new retail format Thomas Munz Store will be located on an area of 400 sq. meters.
Thomas Münz founded in 2011, Russian shoe retailer. The company is developing a multi-brand retail format, where mid-price shoes are presented. It produces shoes under its own brands Thomas Münz, Mr. Briggs, Bridget, Salamander. The Thomas Münz network has about 70 stores, they are open in Moscow and regions of Russia. In 2016, the Thomas Münz business was acquired by the Zenden Group. According to SPARK-Interfax, the revenue of Münz Group LLC in 2021 amounted to 4,4 billion rubles, net profit - 513 million rubles.