Closed 90 stores Primorosso
09.07.2015 3785

Closed 90 stores Primorosso

Shoe chain Primorosso has closed 90 stores. Currently, the chain's management company has come under the control of the Kazan shoe factory "Spartak". Since 2013, Primorosso has been owned by the IFC Tatink.

Jofficial representatives of "Spartak" and Tatfondbank declined to comment on the reasons for the closure. Currently, there are five chain stores left to operate (in Ulyanovsk, Togliatti, Moscow and two in Ryazan).

According to market experts, the network's problems are associated with the wrong choice of shoe brand and segment. Imports of footwear fell by 20% compared to last year, the level of production in Russia decreased by the same amount, sales in general fell by 30%, says Alexandra Andrunakievich, general director of the Russian Union of Leatherworkers and Shoemakers. In these conditions, networks operating in the premium segment are becoming the most vulnerable, she said.

The Primorosso network was launched by Tatfondbank shareholders in 2013. At the time of launch, the company planned to open 50 stores each year, merge 2017 trading floors by 250, and in 2018 become the largest shoe network in Russia with an annual turnover of 9 billion rubles.

Shoe chain Primorosso has closed 90 stores. Currently, the chain's management company has come under the control of the Kazan shoe factory ...

Latest News

Detsky Mir expands its presence in the Urals

New stores of the Detsky Mir chain have opened in Chelyabinsk and Yekaterinburg. The tenth in a row in Chelyabinsk and the ninth in Yekaterinburg. Both new stores occupy 1000 sq. M. ...
22.04.2021 122

Turkish Eksposhoes will be held in June

The Turkish exhibition of shoes and leather accessories Eksposhoes will again be held in Antalya from 2 to 4 June 2021 and is glad to host buyers from ...
21.04.2021 121

Tod's Group has appointed Chiara Ferragni to the Board of Directors

The appointment of Chiara Ferragni, an Italian model and influential fashion blogger, to the board of directors of the Italian fashion group Tod's, was an important step for the famous brand of the same name, moccasins, as well as chic Roger Vivier shoes to conquer ...
21.04.2021 132

Expo Riva Schuh announced the dates of the summer exhibitions

The 95th Expo Riva Schuh and the 6th Gardabags, dedicated to the 2022 spring / summer collections, will be held at the Riva del Garda exhibition center from 18 to 20 July, a month later than ...
21.04.2021 248

Reseller sites LUXXY, themarket and commission WantHerDress announce merger

The Russian clothing and footwear reselling marketplace LUXXY has acquired an online site for the resale of themarket items, as well as the WantHerDress commission store with wardrobes of stars and ...
21.04.2021 216
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning