Locked content CCC revenue up 11% y/y in April, online sales soar

The consolidated revenue of footwear retailer CCC increased by 11 percent y/y in April and reached PLN 345 million, the company said in a market filing. Revenue for the period between January and April stood at PLN 1.064 billion and was 25.9 percent higher y/y. CCC recorded PLN 48 million in revenue...

Locked content CCC plans to reach PLN 800 mln by 2019

WSE-listed footwear retailer CCC will seek EBITDA of at least PLN 550 million in 2017, PLN 650 million in 2018 and PLN 800 million in 2019, according its managerial incentives program approved by the supervisory board, the company said in a market filing. “The program assumes the minimal thresholds ...

Locked content CCC profit beats expectations slightly

WSE-listed footwear producer and retailer CCC had PLN 186.6 million net profit in Q4, up from PLN 105.2 million y/y and from PLN 181.3 million profit expected Revenue stood at PLN 1.13 billion, up from PLN 755.4 million the year before. For the full year, the company had PLN 306.5 million profit (PL...

Locked content CCC revenues increased substantially in November

Poland’s largest retailer of shoes and small apparel items announced that its consolidated revenues hit PLN 334 million in November, a 52.8 percent increase, y/y, the Polish press reported on Thursday. Consolidated revenues for the period from January to November increased by 37 percent increase, y/...

Locked content Polish shoe giant will focus on CEE, Gulf – VP

The vice-president of one of Poland’s most successful shoe retailers, CCC, said on Friday that his company will focus on expansion in countries in Europe in which it is doing well and will further consider future growth in Persian Gulf countries, according to a report in the Polish press. Piotr Nowj...

Locked content CCC sales increase year-on-year

One of Poland’s largest footwear retailers reported gains in revenues for the first three quarters of this year, in comparison to the same period last year, according to the company’s press release on Wednesday. “Revenues for the period January – October amounted to more than PLN 2.5 billion a...

Locked content CCC acquires Russian 3S Retail

Footwear producer CCC’s unit CCC Shoes & Bags acquired a 75 percent stake in Russia’s 3S Retail for RUB 375,000 (PLN 22,300), the company informed in a market filing. Currently, 3S Retail (renamed to CCC Russia) is CCC’s only distributor on the Russian market. Recently in June,...

Locked content CCC sales revenue up 31.9% in August

Footwear producer CCC recorded consolidated sales revenue of PLN 205 million in August, an increase of 31.9 percent year-on-year, the company informed. In January-August, the retailer’s consolidated revenues stood at PLN 1.8 billion, an increase of 33.2 percent on a yearly basis. CCC is the la...

Locked content CCC to expand retail space by 120,000 sqm in 2017

Footwear producer CCC plans to add more than 120,000 sqm of retail space to the market in 2017, CEO Dariusz Milek informed on Thursday. “I think that next year we will add over 120,000 sqm. We have deals negotiated for such an amount,” Milek said. “In 2016, it will be around 105,00...

Locked content CCC close to buying Russian retailer

Footwear producer CCC plans to buy 75 percent in Russia’s 3S Retail, the company informed in a statement. An estimated value of transaction stands at RUB 375,000 (PLN 22,185). Recently in June, the company announced an ambition to become Europe’s largest footwear distributor in terms of ...