Poland: CCC footwear retail sales revenue growth by brand 2021

In the fourth quarter of 2021, one of the largest footwear retail companies in Poland and Central Europe recorded a 46 percent increase in revenues compared to the same period last year. The most growth by CCC stores.

Year-on-year change in revenue from the retail sale of CCC S.A. Capital Group's footwear in Poland in 2021, by brand name (in million zloty)

Characteristic	YoY change in sales revenue in million zloty
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Release date

2022

More information

Region

Poland

Survey time period

Q4 2021

Supplementary notes

*"Unallocated" refers to the share of the Group's wholesale to KVAG, allocated to continuing operations. In accordance with IFRS 5, intra-group transactions were eliminated in discontinued operations, therefore the margin generated by KVAG on merchandise purchased from the CCC Group is presented in revenue from discontinued operations, but cost of sales of discontinued operations pertains solely to purchases from entities outside the CCC Group. As a result, a disproportion may be seen in the cost of purchases relative to revenue (overstated gross margin expressed as a percentage). This approach has a negative effect on the reported margin on continuing operations. Furthermore, depreciation and amortisation are not charged from the date of reclassification

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