CCC puts its best foot forward
Grupa CCC - the leader in the retail shoe sales market and one of the largest producers of shoes in Poland - doubled its profit and had sales of zł.62.48 million in Q1 of 2005, a sixpercent rise on the same period last year. Net profit came in at zł.5.41 million for the first three months of this year, some 119.5 percent more than in Q1 2004. The company chalks up the increase in sales to the expansion of the retail sales network.
At the end of March the group had 280 sales outlets compared to 267 at the end of last year. CCC opened 11 new own stores and four franchise stores in the last quarter. "We realized 30 percent of our plans for opening new stores in 2005 in the first quarter alone," the president of the management board, Dariusz Miłek, said. Of the new retail outlets, four were opened in the Czech Republic.
In 2005 the group plans further expansion. "Until the end of the year we plan to open at least 23 new outlets in Poland," Miłek said. He also added that it might be possible that CCC will open more than the five new stores planned for the Czech Republic.
At the end of March the group had 280 sales outlets compared to 267 at the end of last year. CCC opened 11 new own stores and four franchise stores in the last quarter. "We realized 30 percent of our plans for opening new stores in 2005 in the first quarter alone," the president of the management board, Dariusz Miłek, said. Of the new retail outlets, four were opened in the Czech Republic.
In 2005 the group plans further expansion. "Until the end of the year we plan to open at least 23 new outlets in Poland," Miłek said. He also added that it might be possible that CCC will open more than the five new stores planned for the Czech Republic.
