Vlad Vorotnikov
ArticleRussia’s Sportmaster posts a 2023 revenue hike
Russian sporting goods behemoth Sportmaster solidified its position as the country’s largest fashion retailer in 2023, thanks to a 14 percent hike in revenue to 160 billion rubles last year. Sportmaster generated nearly 70 percent more revenue than Kari and twice as much as Gloria Jeans; the companies ranked second ...
ArticleSprandi poised for comeback in Russia
Sprandi, a once iconic brand in the Russian market, can reportedly resume sales in the country after almost two decades of absence. At the end of 2023, a local wholesale supplier, A Sport, obtained several certificates of conformity from a Russian technical regulator, allowing it to sell sporting shoes under ...
ArticleLamoda Sport and DeSport gear up development strategies
Over the last few years, new sporting goods chains such as Lamoda Sport and DeSport have emerged in Russia, replacing Western suppliers and constantly opening new doors.
ArticleCompetition on marketplaces is becoming increasingly difficult: Russian retailers
Some Russian sporting goods suppliers are considering moving away from working with marketplaces, citing fierce competition, rising fees and risk of losing identity.
ArticleA new player emerges in the Russian sporting goods market
Stadion, a company recently registered to sell sporting goods and athletic apparel in Russia, targets to start opening its first brick-and-mortar stores in 2024. Analysts believe that the declared plans mean that the Russian market is still in the transition phase.
