English network of retail outlets fashion New Look decided to leave the markets of Russia and Ukraine due to the unstable political situation, according to the report.
now under the management of the organization is more than 1, 1, thousands of retail outlets in 24 countries around the world. According to information on the Internet organization, Ukraine the New Look six outlets in Kyiv, Odessa, Donetsk and Dnipropetrovsk.
in Russia the retailer 20 outlets in the capital of Russia, Novosibirsk, Nizhny Novgorod, Nizhny Novgorod region, St. Petersburg, Krasnodar, Yekaterinburg, Omsk and Rostov-on-don.
Initially, the retailer was planning to buy all the shops in Russia, operating under the franchise, and begin a massive expansion in the market. However, in the last month of summer this year, the Company announced the freezing of plans of expansion to the market of the Russian Federation.
the submissions noted that plans for international expansion network otherwise preserved: to increase the number of outlets in China by the end of the year from 14 to 20, and the development in Poland and Germany " According to plan ".
The revenue of the retailer in the first half of 2015 Vigoda (ended September 27) increased by 4, 7% to 788, 6 million pounds, with adjusted EBITDA of 9, 2%to 113, 2 million, operating profit by 18, 5%to 84 million. Comparable sales increased by 6 and 9%.
sections: Politics |