ZENDEN captures sales and revenue growth
10.08.2016 4734

ZENDEN captures sales and revenue growth

ZENDEN Group reported operating results for the first six months of 2016. According to the company, sales increased by 39,2% and amounted to 3,61 million pairs compared to 3,13 million pairs for the same period of 2015 year; revenue for the 6 months of the 2016 year increased by 40,19% and amounted to 7,36 billion rubles compared to 5,25 billion rubles for the same period last year.

In the reporting period, the company actively developed its own retail, 53 new stores were opened, so the holding's retail network amounted to 237 stores, and the total sales area - 51 358,31 square. m as of August 31 of 2016 of the year (+ 27.4% of the indicator 40 299,06 sq. m for the August 31 of 2015 of the year). The company plans for the second half of the year - to continue the development of the retail network and open at least 30 new stores.

“In the current half year, our efforts have been focused on improving the efficiency of all our business areas and integrating the recently acquired Thomas Münz shoe brand into the holding structure. Despite a number of crisis trends in the economy and growing competition in the Russian shoe market, we managed to achieve results in accordance with our forecast and plans, ”commented the operating results of the holding, the president and founder of the ZENDEN group, Andrey Pavlov.

ZENDEN Group reported on the results of operating activities for the first six months of 2016.
Euro Shoes Exhibition

Latest News

Lockdown for fashion retail in the capital will begin on 28 October

The Moscow Mayor's Office gave a number of clarifications on the operation of shopping centers in the capital during the declared non-working days - quarantine for Covid-19, according to which, starting from October 28, all shops except pharmacies should be closed in Moscow shopping centers, ...
22.10.2021 367

Giuseppe Zanotti has released a collaboration with American skater Evan Mock

The friendship between the Italian fashion house and the American skater and Gossip Girl star Evan Mok led to the creation of a joint capsule collection, which was named ...
22.10.2021 225

Rendez-Vous opened a store in Cyprus

Rendez-Vous, a network of multi-brand footwear and accessories stores, again announces the opening of a point at a foreign resort popular with Russian tourists. This time, the chain store appeared on the island of Cyprus, on the first ...
21.10.2021 244

The "Honest ZNAK.Business" application now has a scan function without authorization

The Center for the Development of Advanced Technologies has expanded the capabilities of the Chestny ZNAK.Business mobile application. The developers have implemented a new scanning function in the application. Users now have the ability to scan codes in the marking system without ...
20.10.2021 233

"Lockdown" announced in Russia from October 30 to November 7

Russian President Vladimir Putin approved the proposal of Deputy Prime Minister Tatyana Golikova to introduce non-working days in the country from October 30 to November 7. Non-working days are announced with payroll. This measure is forced due to the growth of ...
20.10.2021 1740
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning