Tag: Westfalika

Russia’s footwear market ‘stabilises’

Russia’s footwear market ‘stabilises’

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 …

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