Rieker
The revenue of Shoe of Russia in the 1 half-year increased by 7% - up to 4 billion rubles
24.08.2016 2739

The revenue of Shoe of Russia in the 1 half-year increased by 7% - up to 4 billion rubles

The Obuv Rossii group of companies has summed up the financial results of the first half of the year according to RAS, according to which the group's revenue for the reporting period increased by 7% and amounted to 4 billion rubles, net profit amounted to 401 million rubles, an increase in relation to the same period in 2015 - 2,6% ... EBITDA increased by 7,3% to RUB 934 million. EBITDA margin amounted to 23,4% (indicator for the first half of 1 - 2015%). Like-for-like sales in the first half of the year grew by 23,3%.

The positive dynamics of the main financial indicators of the group is explained by the fact that Obuv Rossii conducts a competent assortment policy - adapts collections to changing consumer preferences; develops the direction of related products, including clothing; expands the range of financial services for customers and increases its own production.

Obuv Rossii has increased the share of classic running shoes, which is now more in demand. The company also includes in its collection a line of inexpensive shoes using high-quality artificial materials - leather and fur. So, in the summer season “Shoes of Russia” launched the new Medelista shoe brand, which is aimed at an audience aged 20 to 30. After successful test sales of the summer collection, it was decided to continue expanding the range with demi-season and winter models.

In the first half of the year, sales of related products in Obuv Rossii's retail chains grew by 1% and amounted to 17 million rubles. Now their share in retail revenue is 733%. The diversification of the assortment and the development of related products allows the company to stimulate complex purchases, support sales and increase the average check.

The Obuv Rossii group of companies is one of the five largest shoe retailers in the country. The main business areas of the Group are footwear production, retail and wholesale trade in footwear and related products. Obuv Rossii develops five shoe chains: Westfalika (monobrand, mid-price segment), Pedestrian (multi-brand shoe supermarket), Emilia Estra (shoes boutique), Rossita (store for the whole family) and Lisette (fashion shoe salons). The shoe chain "Obuv Rossii" today has more than 450 stores in more than 100 cities. RAEX (Expert RA) assigned the Group a credit rating of “A +” (very high level of creditworthiness), the third sublevel, outlook “stable”. The company's revenue in 2015 according to RAS amounted to 9 billion rubles, net profit - 1,3 billion rubles. 

The Obuv Rossii group of companies has summed up its financial results for the first half of the year according to RAS, according to which the group's revenue for the reporting period increased by 7% and amounted to 4 billion rubles, net profit ...
5
1
Rating

Latest News

Roses and fur - trends in shoe design

In the shoe collections of fashion brands for the autumn-winter 2023 season, several bright trends can be noted, including the use of fur and…
31.03.2023 75

Shoe sales in Russia decreased by 10,5%

According to the results of 2022, shoe sales decreased by more than 10%, TASS reports with reference to the analysis of the operator of the mandatory labeling system in Russia, the Center for the Development of Advanced Technologies and the National Scientific Competence Center ...
31.03.2023 79

Lamoda personalized the catalog using artificial intelligence

Lamoda, an online platform for the sale of fashion, beauty and lifestyle products, has simplified and accelerated the process of searching for products in its catalog. With the help of artificial intelligence, the service has learned to predict which products will be of interest to a particular…
30.03.2023 84

Santoni unveils new 'Sneak-Air' sneaker

The new model of the Italian luxury shoe brand Santoni has been named "Sneak-Air", and is distinguished by the original coloring. The upper of the shoe does not have a uniform color, it is decorated with many graphic shades. This visual effect is achieved in…
30.03.2023 167

Footwear production grows in Moscow

Over the year, the volume of footwear production in Moscow increased by 1,5 times. In January 2023, shoe factories produced 148,8 thousand pairs of shoes, an annual growth of 48,3%, according to the website of the Moscow Mayor. More than 200…
29.03.2023 175
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning