Growth for Russian footwear group

16/03/2018
Obuv Rossii Group, one of the largest footwear retailers in Russia, increased its revenue by 8.4% in 2017, reaching almost $190 million. Last year was its first year as a public company.

By the end of the year, the group had 535 stores in more than 150 cities in Russia, with most stores being operated directly by the company and the remaining 113 by franchise operators.

Obuv Rossii also has two factories of its own, making mid-priced shoes for the market.