Profits down 40% at Polish footwear retailer - leatherbiz: Leading new Leatherbiz

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Profits down 40% at Polish footwear retailer

16/12/2003

The Silesia, Poland-based footwear retailer, CCC, has posted a 40% year-on-year decline in profits to Eur760,000 (Zl3.5 million) for the nine months ended September 30 2003. The firm’s profits totalled Eur38.3 million (Zl179 million).

 

The company attributes the decline to its move towards the more expensive footwear market, instead of its usual lower priced footwear.

 



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