CCC continues Czech expansion, revenues up 20%

CCC continues Czech expansion, revenues up 20%

Published at: 2017-05-17 06:43 | Author: CIJ Journal
Shoe retailer CCC reported CZK 1.58bn in revenues in 2016, up by nearly 20 percent y-o-y. The company is continuing its expansion efforts and has already opened five new stores this year. In H2, it is planning additional openings, and CEO Roman Puchala told Hospodářské noviny that sales might soon hit CZK 2bn, as CCC aims to become the leading shoe retailer in the Czech Republic. It currently operates 85 stores and plans to modernize some of its existing outlets. New shops opened in Strakonice, Písek, Jablonec nad Nisou and in the Eden and Nový Smíchov shopping centers in Prague. Deichmann, CCC’s direct competitor in the Czech Republic, reported CZK 2.04bn in revenue in 2016, up 4.5 percent y-o-y. Deichmann is planning to open four new stores in the Czech Republic and modernize 10 outlets.

Similar Stories:

Alza.cz to open 2nd automated store
The country's biggest on-line shop is expanding its experimental brick-and-mortar net  »
CCC expands store at Sarni Stok shopping center
Footwear retailer CCC has renewed its lease agreement at the Sarni Stok shopping centre in  »
Slovak Media speculating again over arrival of Primark
There's growing media speculation in Slovakia that Primark is looking to open its fir  »
Awbud Group to build Tkalnia mall in Pabianice
Awbud has signed on to build the Tkalnia shopping center in Pabianice near Łódź. The pr  »
Are new retailers arriving in the Czech Republic because of the boom? The Czech Republ   »
One of Romania’s most consistently successful developers, AFI Europe, has big plans for   »
One of Romania’s most consistently successful developers, AFI Europe, has big plans for   »
One of Romania’s most consistently successful developers, AFI Europe, has big plans for   »