Locked content CCC with 32.5% sales growth y/y in April

Footwear retailer CCC recorded revenue from sales of PLN 455.4 million in April, which is 32.5 percent more than in the corresponding period of last year, the company stated. Between January and April, the company reported PLN 1.15 billion in revenue. Revenue from sales in brick-and-mortar stores ca...

Locked content CCC buys Romanian Shoe Express for €33 mln

WSE-listed footwear retailer CCC will buy 100 percent stake in Romanian peer Shoe Express for €33 million. The transaction will be conducted through CCC’ subsidiary CCC Shoes & Bags. Shoe Express owned all local CCC-brand stores after purchasing them from Peeraj Brands International. The price w...

Locked content CCC to pay dividend of PLN 2.3 per share for 2017

The Management Board of CCC has decided to recommend PLN 37.37 million of the company’s unitary profit to the general meeting of shareholders 2017 for the dividend and part of the supplementary capital amounting to PLN 57.3 million, which will give a total dividend of PLN 2.3 per share, the co...

Locked content CCC buys 41 stores for PLN 68.5 mln

Footwear retailer CCC has signed an agreement to purchase a company with a portfolio of 41 stores located in Poland from Adler International for PLN 68.5 million, CCC announced. Four out of the 41 stores purchased are in preparation. “The seller will use the funds from the sale to accelerate the exp...

Locked content CCC revenues fall 19.3% in March

Shoe retailer CCC registered a 19.3 percent drop in revenues in March compared to the previous year. The revenues stood at PLN 254.9 million, the company reported.  In the first three months of 2018 revenues were  PLN  692.7 million, a decrease of 3.8 percent versus 2017. Revenues from retail sales ...

Locked content CCC plans to increase its retail space by 110k sqm in 2018

WSE-listed footwear retailer CCC plans to add at least 110k sqm to its retail space this year, with another 100k sqm planned for 2019, the company said in a market filing. Out of that number, 43 percent will be opened in Poland. Moreover, CCC plans to sign new franchise deals in 2-3 countries, inclu...

CCC to open flagship store at Poznań’s Galeria Malta mall

Footwear retailer CCC has leased 1,400 sqm of space at the Galeria Malta shopping center in Poznań. The company will open a flagship store at the mall, which will exemplify its latest retail concept, to date only implemented in stores abroad and in selected shopping centers in Poland. Managed by Nei...

Locked content CCC Q4 net profit drops

WSE-listed footwear producer and retailer CCC had PLN 148.7 million net profit in Q4, down by 22.7 percent y/y. Revenues stood at PLN 1.36 billion, up by 20.9 percent, while operating profit dropped by 13.2 percent y/y to PLN 188.9 million. For the whole year, CCC had PLN 303 million net profit, dow...

Locked content CCC January sales grow

WSE-listed footwear retailer CCC recorded consolidated revenue of PLN 243.3 million in January, a 21.1 percent y/y growth. Revenue in traditional stores was 10 percent higher than in the corresponding month of last year and amounted to PLN 174.1 million. The firm’s internet sales stood at PLN 58.7 m...

Locked content CCC signs franchise deal for Middle East markets

WSE-listed footwear retailer CCC signed a 10-year franchise deal with UAE-based Apparel FZCO to sell its products in a number of markets in the Middle East, the company said in a market filing. According to the contract, Apparel will open at least 60 CCC stores till 2023 in UAE, Qatar, Saudi Arabia,...