Consumer demand for luxury goods is low in Russia’s regions, because disposable incomes have stagnated. Global brands Chanel, Dior and Givenchy left Yekaterinburg in 2018-2019 and now focus on development in Moscow and St Petersburg, the cities with the highest consumer purchasing power. As a result, consumers from Russia’s regions have moved online. TD TSUM OAO ensures luxury brand prices equal those in international boutiques and online stores. Consumers look for better prices and choose local...
Euromonitor International’s Department Stores in Russia report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are profiles of leading retailers, with analysis of their performance and the challenges they face. There is also analysis of non-store retailing: vending; homeshopping; internet retailing; direct selling, as available.
Product coverage: Mixed Retailers.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Department Stores market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
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