Two Russian shoe retail chains grow strongly
Footwear of Russia (English for Obuv Rossii), a Russian group comprising two retail chains and factory, finished last year with turnover of 1.586 billion rubles (€39.1m-$57.9m), 20 percent more than in 2009. Net profit rose by 10 percent to 100 million rubles (€2.5m-$3.7m).
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