Gino Rossi signs deal with UK John Lewis chain

WSE-listed shoe retailer Gino Rossi has entered into a partnership with British retailer John Lewis to distribute its products in its UK stores as well as in its e-commerce platform, the company said in a market filing. The value of the deal is estimated at PLN 3 million per year. “Gino Rossi products will be available in John Lewis’ 45 stores across the UK. Both sides expect a long-term cooperation with 6-8 orders per year. The value of the deal, estimated at PLN 3 million, will depend on the volume of orders realized by the issuer to the buyer,” the company said. According to Gino Rossi, co-operation can open a new, significant distribution channel for the company’s products in the UK, as well as other markets, where John Lewis sells its product online (including France, Germany, Italy, Ireland, and Norway, among others).