ZENDEN captures sales and revenue growth
10.08.2016 5473

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.
5
1
Rating

Latest News

Adidas pulls out of sneaker campaign featuring Bella Hadid

A recently launched advertising campaign for Adidas Originals sneakers, the face of which was chosen by American supermodel Bella Hadid, unexpectedly found itself at the center of a public scandal. The ad caught the attention of the American Jewish...
22.07.2024 161

Sneakers with Donald Trump's victory image become bestsellers

"Fight Fight Fight" is the name of a pair of high-top sneakers featuring a victorious image of Donald Trump after the attack. The shoes, which the politician released in memory of the terrorist attack in Pennsylvania, were produced in an edition of 4700 pairs, and were a commercial success. Pair…
20.07.2024 474

Birkenstock opens first store in Paris

Birkenstock's first Parisian store opens this Saturday. Two-story store with an area of ​​130 sq. meters is located in the heart of the fashionable Parisian Marais quarter, where interior showrooms, art galleries, boutiques,…
19.07.2024 547

OrthoLite expands its production center in Europe

The American insoles manufacturer has announced the expansion of its European facility, OrthoLite Europa (OEU), located in Almansa, Spain. The company strives to become closer to European partners and aims to increase…
18.07.2024 698

Almaty will host an exhibition of footwear, fur, leather and accessories Euro Shoes@CAF

From August 18 to 20, the main exhibition of the fashion industry in Central Asia - Central Asia Fashion (CAF) will be held in Almaty at the Atakent exhibition complex. For the fourth season of CAF, it is being held with the support of the Moscow International Footwear and…
17.07.2024 595
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning