Gino Rossi’s sales increase in November

Polish shoe and accessories company Gino Rossi announced that its sales had risen by 16 percent in November, y/y, according to a Polish press report on Friday. Additionally, group sales for 2016 had increased by 3 percent – after 11 months, total sales amounted to PLN 240.3 million in 2016. Profit margins were also up. Thus far in 2016, overall margins have increased 3.8 percent, y/y, while the margin on retail sales (through its outlets and website) increased just slightly in November, by 0.1 percent, y/y. Gino Rossi, in addition to operating many outlets under its own brand name, also manages the brand Simple Creative Products. It has been listed on the main floor of the WSE since 2006. Since its founding in Słupsk in 1992, Gino Rossi has expanded to offer some 70 outlets in Poland and several others across the CEE region.