Russia’s footwear market ‘stabilises’
08/09/2017
One of Russia’s largest shoe retailers has confirmed positive momentum in the domestic footwear market, with a 2% rise in revenue to $72 million and a near-40% rise in profit for the first half of the year. Obuv Rossii operates five footwear retail networks, the biggest of which is Westfalika, which sells leather and sheepskin shoes and operates...
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