Several large foreign shoe brands are planning to enter the Russian market. This was mentioned by Mark Brennizer, CEO of the Russian company STS Logistics during the Fashion Retail Russia conference held on September 16-17 in Moscow.
As Mark said, in October several well-known shoe brands operating in Europe will announce their entry into the Russian market. At the moment, they are exploring market opportunities and are looking for a suitable logistics company. Mark chose not to disclose exactly which brands are preparing for expansion, but noted that brand shoes belong to the middle price segment, and we will see their first stores at the beginning of next year.