Munich, the Spanish brand of sports and lifestyle footwear, reportedly raised its revenues by 17 percent to €35 million in 2017. Its own retail operations delivered a 26 percent increase to more than €10 million, thanks in part to the opening of three new stores and a growth of more than 50 percent in e-commerce. Besides its web store, the brand currently has 13 directly operated stores in Spain. The company's total revenues grew by 22 percent in Spain to about €30 million. They rose by 9 percent outside the country, with a 40 percent increase in Italy, which remained the brand's biggest foreign market.
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