New tenant at Galeria Metro Kwidzyn mall

Footwear retailer CCC has leased approximately 1,000 sqm of space at the Galeria Metro Kwidzyn shopping center project that developer Metropolitan Investment plans to build in Kwidzyn in northern Poland. The scheme, which is being commercialized by Mallson Polska and the leasing team of Metropolitan...

Locked content Gino Rossi signs licensing deal with CCC

WSE-listed footwear retailer Gino Rossi signed a licensing deal with rival CCC. The contract is for manufacturing and design and to use Gino Rossi trademark in selected countries. Gino Rossi estimates that it will bring PLN 36-40 million in revenue for 2019-2020 period, including PLN 15-18 million i...

Locked content EuroRating downgrades CCC rating to BBB-

EuroRating downgraded shoe retailer CCC rating to BBB- from BBB, confirmed negative outlook. Rating decrease resulted mainly from the deterioration of the company’s liabilities structure over the past several quarters. EuroRating underscored that the recent rapid growth in CCC assets was mainl...

Locked content CCC sales grow 37% in August

WSE-listed shoe retailer CCC recorded PLN 405 million in consolidated sales revenue in August, a 37 percent more compared to a year earlier. Year-to-date, revenues stood at PLN 2.83 billion, an increase of 16 percent y/y. Revenues from retail sales in CCC stores in August amounted to PLN 325.6 milli...

Locked content CCC Q2 net profit up at PLN 204.2 mln

Footwear retailer CCC reported PLN 204.2 million net profit in Q2 versus PLN 148.2 million y/y. Operating profit amounted to PLN 242.3 million compared to PLN 180.1 million a year ago. Revenue stood at PLN 1.33 billion. CCC expects e-commerce revenue to reach PLN 1 billion this year and to grow by a...

Locked content CCC revenue up by 30% in July

WSE-listed shoe retailer CCC recorded PLN 402.7 million in consolidated sales revenue in July, 30 percent more compared to 2017. In January-July revenue stood at PLN 2.43 billion, an increase of 13 percent y/y. Revenues from retail sales in CCC stores in July amounted to over PLN 310.3 million and w...

Locked content CCC sales grow 7.9% in June

WSE-listed shoe retailer CCC recorded PLN 405.4 million in consolidated sales revenue in June, a 7.9 percent more compared to a year earlier. In H1, revenues stood at PLN 2.02 billion, an increase of 9.6 percent y/y. Revenues from retail sales in CCC stores in June amounted to over PLN 331.2 million...

Locked content CCC buys Adler stores for PLN 77 million

Footwear retailer CCC purchased 41 agency stores, including four stores under preparation, from Adler International for PLN 77 million, the company stated. The originally signed deal set the price at PLN 68.5 million. “The total transaction value, which included the changes resulting from investment...

Locked content CCC plans to issue bonds for PLN 210 mln

Footwear retailer CCC decided to issue up to 210,000 bonds for a nominal value of up to PLN 210 million.  Bonds will be offered to holders of series 1/2014 bonds. Bondholders should, in turn, sell all 1/2014 bonds to the company or to mBank. The new bonds will be issued as part of bond issuance̷...