Obuv Rossii expansion is ahead of schedule

30/07/2018
Obuv Rossii expansion is ahead of schedule
Russian footwear company Obuv Rossii Group has reported revenues of $71.5 million for the first six months of 2018, an increase compared to the same period last year of 13.6%.

The group runs two footwear manufacturing facilities in Russia and currently operates 615 stores in 184 cities across the country.

Chief executive, Anton Titov, commented: “Over the six months, 71 new stores were opened instead of the planned 60 stores. We have significantly expanded our regional outreach and entered 27 new towns.”