All CCC articles
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ArticleAustrian footwear retail under pressure but Deichmann enjoys steady growth
The Austrian footwear retail sector has undergone a dramatic transformation in recent years, encountering new challenges amid a profound shift in consumer behavior, a survey from the market research company RegioData showed. Since 2014, the number of stores in the country has dropped by a whopping 23 percent as ...
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News briefs
CCC Group posts sees 7% sales boost at start of Q1
CCC Group, the Polish footwear and fashion group, said sales in the period running from Feb. 1 to March 31, 2024, increased by 7 percent compared to the year earlier to reach 1.3 billion zloty (€300.5 million). In the same period, which corresponds to the first two months of the ...
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ArticleCCC Group posts record Q4 sales as margins rise sharply
CCC Group generated revenues of 2.5 billion zloty (€579.4m) in its fourth quarter ended Jan. 31, 2024, a new quarterly record and up from the PLN 2.4 billion posted the year earlier, as off-price banner Halfprice continued to lead the way with 53 percent growth in its top line. The ...
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ArticleCCC Group starts Q4 with 10% sales boost led by HalfPrice
CCC Group said that in November it posted its highest monthly sales figure ever, with sales at its off-price banner HalfPrice surging as consumers continue to seek bargains in the uncertain economic backdrop and new store openings bear fruit. In the period from Nov. 1 to Nov. 25, at the ...
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ArticleCCC Group posts softer sales in Q3 led by the CCC and eobuwie banners
With most of its fiscal third quarter over, CCC Group has registered softer sales, amid above average temperatures through September and weakened “but slowly recovering” consumer demand. In the period from Aug. 1 to Oct. 10, sales at the Polish footwear and fashion group were down by 4 percent compared ...
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ArticleCCC targets cost savings, cuts revenue forecast in a difficult market
CCC Group, the Polish footwear and fashion group, cut its full-year outlook for revenues and capital expenditures and announced it would put into place cost savings measures totaling 300 million zloty (€64.0 million) as it continues to navigate through what it described as an “extremely challenging” year for retailers. Due ...
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News briefs
CCC’s shareholders approve capital boost
Shareholders of CCC Group approved plans for equity financing of up to 500 million zloty (€106.3 million), as the Polish group seeks to raise fresh cash to bring down debt. In an extraordinary general meeting on Nov. 17, shareholders approved a resolution to issue up to 14 million new shares ...
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ArticleCCC to raise funds, restructure debt
CCC Group announced plans to extend the duration of financing set to mature in the first half of 2023 and has called an extraordinary general meeting of shareholders on Nov. 17 to discuss equity financing of up to 500 million zloty (€106.3m) as it looks to raise fresh cash to ...
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ArticleThe exodus of Western brands from Russia continues
CCC and Vagabond Shoemakers have recently joined a long list of companies that have suspended operations on the Russian market, after Russia invaded Ukraine on Feb. 24, which led to international sanctions against the country. CCC closed all brick-and-mortar stores and temporarily suspended its online store in Russia. Previously placed ...
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ArticleCCC’s sales and margins grow in Q1
In the fiscal first quarter ended in April, the CCC Group posted sales of 1.9 billion zloty (€413m), up by 33 percent from a year earlier, with e-commerce contributing to 55 percent of revenues. The group pointed out that it achieved growth in all segments and that its spring-summer collection ...
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ArticleCCC Group plans to triple sales by 2025
The Polish footwear and apparel retailer CCC Group plans to triple revenues to over 20 billion zloty (€4.2bn-$4.8bn) in 2025 largely thanks to the development of its online business and of its newly launched off-price banner HalfPrice, as well as an increased presence in apparel and accessories. The share of ...
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ArticleCCC Q2 sales up by 41%
The Polish footwear and apparel group CCC said that in the second quarter ended in July it posted record quarterly sales of 2,048 million zloty (€444.4m-$517.7m), up 41 percent from a year earlier. Compared with the second quarter of 2019, the top line was up by 5 percent. The group ...
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ArticleEobuwie issues convertible bonds for SoftBank
Eobuwie, the online retailer owned by the Polish group CCC, has sold 500 million zloty (€109.4m-$129.1m) worth of bonds to SoftBank Vision Fund 2. The proceeds of the bonds will help finance Eobuwie’s international expansion. The online retailer plans to more than double its annual sales to PLN 5 billion ...
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News briefs
CCC buys and sells a 10% stake in Eobuwie
On Sept. 23, the Polish footwear group CCC bought a 10 percent stake in its unit Eobuwie from MKK3 and subsequently transferred to A&R the ownership of the acquired block of shares based on a disposal agreement reached on June 22, 2021. Following the transaction, CCC Shoes & Bags owns ...
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ArticleCCC continues to expand its digital offer
The Polish footwear company CCC has appointed Adam Marciniak as vice president responsible for technology and digitization, which also includes e-commerce. Marciniak has worked for various banks in Poland for the past 20 years. “Our company has undergone an enormous change in the field of new technologies and digitization in ...
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ArticleCCC buys a minority stake in delivery company
The Polish shoe and apparel company CCC is buying a minority stake in Xpress Delivery, a company providing logistics and IT solutions for the delivery of parcels. The companies started cooperation nine months ago by introducing the CCC Express service in Poland. The service is availabe in 37 Polish towns, ...
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News briefs
Leder & Schuh takes over 3 CCC stores in Austria
The Austrian shoe retailer Leder Schuh is taking over three stores previously managed by the Polish company CCC which is pulling out of Austria. The stores are located in Graz, Bärnbach and Vienna and will bear the Shoe4You banner. The company is also opening four ...
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ArticleEobuwie opens its first physical store outside Poland
Eobuwie, the online retailer owned by the Polish group CCC, has opened its first brick-and-mortar store outside Poland. Eobuwie has 25 physical stores in its home market and opened on July 30 a store in the Novy Smichov shopping center in Prague. Previously, eobuwie only operated in the Czech Republic ...
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ArticleCCC pulls out of Austria, to sell 29 stores to Pepco
The Polish footwear company CCC is withdrawing from the Austrian market and Pepco will take over 29 of CCC Austria’s 46 stores on Sept. 30, 2021. Pepco, a Polish retailer which offers everything from clothing to cosmetics and school supplies, operates more than 3,200 low-cost stores in 16 ...
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ArticleVögele Shoes has a new owner, 36 stores to be closed
The Swiss footwear retailer Vögele Shoes has changed hands and is closing 36 stores in a strategic overhaul. On June 3, the company, based in Uznach, in the canton of St. Gallen, was sold by Polish shoes and accessories group CCC to German peer Cm.shoes GmbH ...
