CCC sees no future for boutique stores
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CCC has decided to close the Gino Rossi footwear stores it acquired in 2019. At the end of January 2021, 16 stores were operating, compared to 51 a year earlier.
– We do not see a future for boutique stores – Karol Semik, CCC development director, told businessinsider.com.pl – Today it is the customer who decides, and the customer wants to have a wide offer and choice. This format is also characterized by high operating costs, and today the business must look mainly at whether the store simply earns money for itself.
Gino Rossi products will still be available to buy online (both on the platform eobuwie.pl and ccc.eu) and in CCC stationary stores. In the financial year ending in January 2021, e-commerce accounted for 52% of revenues of the group.
Kazar exits Promenada and bets on e-commerce
In recent days another producer of footwear and leather goods, Kazar, has decided to close its store in Warsaw Promenada, money.pl reports. As a rule, the chain does not resign from locations in shopping malls, but assumes that the share of Internet sales will continue to grow. According to the CEO of the chain, Artur Kazienko, in an interview for Wiadomości Handlowe, the share of online sales in 2020 amounted to 40% (against 24% in 2019) and in 2021 may further increase to 45%.
