The turnover of the operators Shoe chains in Moscow for the year decreased by 20-25%

MOSCOW, October 29. The turnover of the capital operators of the network of Shoe stores in the period 3rd quarter 2014 3rd quarter 2015 decreased by 20-25%. This follows from the report of the company Knight Frank on the Shoe retail market of Moscow.

“The reduction in turnover noted by all network operators, however, the percentage of reduction varies: most have noted a reduction in turnover up to 20-25%, and the maximum rate of decline of sales is 40%. At a time of economic crisis 95% of the Shoe operators of Moscow has increased the price of goods due to change of the ruble or rising input prices. The decline in traffic for the year ranged from 2% to 50%. The most significant decrease in turnover and attendance is noted in the shops of a format street-retail”, – stated in the report.

The Russian market in 2015, has left one foreign Shoe retailer – Rockport. On the domestic market reached a new six Shoe brands from Italy, USA and South Korea. The price of shoes in shops of network operators rose on average by 21%, indicated in the study.

“Operators profile “shoes” seriously affected by the economic situation in the country. Many networks had suspended development, close unprofitable stores. While prerequisites to change the situation there. In 2016, retailers will also streamline current stores and open new point to where they see the least risks,” commented data report to the Director of leasing of shopping centres at Knight Frank Yulia Sokolova.