Suit Supply gets first Russian store | RetailDetail

Suit Supply gets first Russian store

Suit Supply gets first Russian store

Dutch chain Suit Supply has opened its first Russian store, which is the thirteenth country for the chain, in its capital Moscow.

Franchise formula in Russia

The store in Moscow is 400 sqm and is based in the former Red October chocolate factory, according to RetailNews. Suit Supply will work with franchisees in Russia, similar to its operations in Belarus, Mexico and the Baltics. In Western Europe, the United States and Canada, the company runs its own stores.

 

The chain will also open its very first shop-in-shop this summer, in the luxury department store Stanley Korshak in Dallas. It will look like a regular store, with a tailor who can custom-fit suits, but placed inside the department store. Currently, Suit Supply already has 11 stores in the United States.

Questions or comments? Please feel free to contact the editors


Colruyt Group beats expectations

19/06/2018

A solid holiday season allowed Belgian Colruyt Group to raise its market share and even keep its profit margins at the same level - contrary to expectations. The company also posted another online growth, meaning online is now worth 370 million euro.

Makro Belgium "in intensive care", new business plan should remedy

18/06/2018

A more professional product range and a return to bigger packages: that is how Makro Belgium wants to return to better ways. Its CEO Vincent Nolf admits the chain is currently "in intensive care", but hopes to see improvement already next year.

Online supermarket Wink.be throws in the towel

18/06/2018

The Belgian Louis Delhaize Group has decided to terminate its online supermarket Wink.be. The company was started in 2013, but never even came near reaching the break-even point.

Alter’Native Food: A place apart at the upcoming SIAL Paris !

14/06/2018

(Advertorial) From 21st to 25th of October, Paris will be the world's food capital. 7,200 French and international exhibitors will be presenting their innovations among 21 exhibitions sectors.

Jumbo starts Belgian daughter company

13/06/2018

Dutch supermarket chain Jumbo has made another important step towards its expansion in Belgium: it has founded the company "bvba Jumbo Belgium".

Agreement at Carrefour Belgium: fewer redundancies, no store closures

13/06/2018

Trade unions and management have finally reached an agreement at Carrefour Belgium, which will be presented to the employees later this week. An early retirement scheme has however shocked some of the political parties.