Growth for Russian footwear group - footwearbiz: Leading site for glob

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Growth for Russian footwear group

28/11/2018
Russian footwear group Obuv Rossii achieved revenues of around $115 million in the first nine months of 2018. This represents year-on-year growth of 11.2% for the Novosibirsk-based group.

Obuv Rossii has 685 stores in 223 Russian cities and runs two footwear production facilities. In the January-September 2018 period, it opened 122 new stores and opened shops in 60 new towns and cities.

Chief executive, Anton Titov, said this expansion was the main driver of growth for the group.


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