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, including Georgia and Kazakhstan in 2018, and enter Middle Eastern markets in 2019, where it plans to have at least 60 franchise locations by 2023. At end-2017, CCC had 536k sqm of retail space