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 the online sector in the next three years. CCC is the largest footwear retailer and one of the biggest shoe producers in Poland. It has been traded on the stock exchange since 2004.