Press-releases
Bohemia Czech Glassware to Appear in Obuv Rossii Stores
25 February 2020, Novosibirsk: Grand-lux Company, the supplier of European home goods for the middle, middle+ and premium segments, and Obuv Rossii Group, the first public retailer of the Russian fashion market, started cooperation on the goods supply to the Group stores. Grand-lux delivered the first batch of goods to the central warehouse of Obuv Rossii in Novosibirsk and regional warehouse in Yekaterinburg. The goods have already arrived for sale in some retail stores of the Company in such cities as Barnaul, Krasnoyarsk, Novosibirsk, Yekaterinburg, Nizhny Novgorod, etc. Obuv Rossii expands its cooperation with new suppliers within the development of the Prodayem trading platform, modernization of stores and launch of own online marketplace.
“The Grand-lux brand has long established itself on the market of high-quality tableware and accessories from Europe. Tableware from Czech, Italian, German and other producers is a sign of good taste and quality, so we are pleased to offer our customers a new line of goods,” comments Olga Danilova, Head of the Related Products’ Department, Obuv Rossii Group. “In our stores, as well as on the westfalika.ru online platform, besides dishes, we will present luminaires and interior accessories, the product line will expand in the future. Moreover all the range offered will be available for instalment payment.”
The Grand-lux Company has been presented on the Russian market since 1999. Goods by Grand-lux are sold not only in specialized retail chains, but also on selling spaces of partners from other segments, like Х5 Retail Group, Magnit, Tatneft, Familia, and online retailers Ozon and Wildberries. Obuv Rossii stores will present such categories of products as tableware and coffee/tea sets porcelain, including heat-resistant porcelain (the Czech Republic); drinking glasses (the Czech Republic, Slovakia), crystal glass (Italy), interior design items, textile, cookware.
“We consider our cooperation with Obuv Rossii to be promising in the development of distribution channels in allied (non-specialized) federal chains. Since we already have experience of such work and can see the result, we are sure that the mid-price fashion segment, which Obuv Rossii is focused on, will also show excellent sales,” comments Kamal Dzhafarov, Director of Grand-lux Group. “In addition, the Home category products are already presented in the range of Company’s stores, which means that the customer is prepared for such products and should accept the line expansion.”
Company profile:
Grandlux LLC has been the supplier of European home goods for middle, middle-up and premium segments and the exclusive distributor of the certain range of brands in Russia since 1999. Grand-lux means more than 15,000 high quality goods that are available 24 hours and 365 days in a year. The company cooperates with more than 15 suppliers from Europe among which there are major manufacturers of Czech, Italian, German and Polish glassware. The company’s website is https://grand-lux.ru/
Obuv Rossii (MOEX: OBUV) is a nationwide footwear company, the first publicly traded company in the Russian fashion retail. Obuv Rossii was established in 2003, it is headquartered in Novosibirsk and has a representative office in Moscow. The main Group business line is the production and sale of footwear and related goods. The Company manages 905[1] stores (173 operate as a franchise) under the brands of Westfalika (a monobrand store of classic footwear), Peshekhod ("Pedestrian") (a multibrand footwear supermarket), Rossita (a store for the whole family), Emilia Estra and Lisette (salons of fashionable footwear), in addition to developing brands of clothes and footwear for the active lifestyle brands of S-tep, All.go and Snow Guard. Furthermore, the Group also owns two manufacturing facilities in the Novosibirsk region.
In October 2017, Obuv Rossii raised 5.9 billion rubles in an IPO on the Moscow Exchange (ticker: OBUV), the issuer being OR PJSC, and in doing so became the first publicly listed company within the Russian footwear and fashion market.
In accordance with the audited Financial Statements under the IFRS Group, revenue amounted to RUB 11.55 billion for the full year of 2018, net profit was RUB 1.33 billion, and EBITDA was RUB 2.86 billion.
In December 2019, RAEX (Expert РА) assigned the creditworthiness rating to Obuv Rossii Group at ruBBB+ level, a "stable" forecast.
Website of the Group: www.obuvrus.ru; online stores: www.westfalika.ru, www.westfalika-home.ru, www.emilia-estra.ru, www.rossita.com, www.lisette.me.
[1] As of 25 February 2020.
Was the information helpful?