CCC, the Polish-based retail giant, plans to sell Vögele Shoes, the Swiss shoe retail chain, or to restructure the company. CCC acquired a 70 percent stake in the company in 2018. Vögele Shoes has 170 stores in Switzerland. CCC is currently looking for a new investor for Vögele Shoes. Another option would be to adapt the business model and close down some of the retail chain’s stores. In October last year, Vögele Shoes launched a new store concept. CCC has roughly 1,000 stores in 19 countries. Online sales account for 20 percent of its total sales. The Polish-based retailer has its own factory in Poland and employs 15,000 people. It sells about 50 million pairs of shoes per year and generated total sales of €1.2 billion in 2018.