Deichmann sales up 7.6% in Hungary

Retail

(Photo: Wikimedia Commons/Krugerr)

German-based shoe retailer Deichmann saw revenues in Hungary rise by 7.6%, to reach HUF 38.3 billion over the last year, the company told Hungarian news agency MTI today.

(Photo: Wikimedia Commons/Krugerr)

By selling approximately 5,140,000 pairs of shoes last year, sales volume of the retailer in Hungary grew by approximately 4% as compared to the preceding year. 

Over the last twelve months Deichmann, which has 109 stores in the country, expanded its staff in Hungary by 80 to almost 900, MTI reported.

The company opened four new shops in Hungary last year and renovated nine, MTI added.

Policymakers Cut Central Bank Base Rate by 50 bp to 7.75% MNB

Policymakers Cut Central Bank Base Rate by 50 bp to 7.75%

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Hungary, UAE Sign Defense Industry Agreement Deals

Hungary, UAE Sign Defense Industry Agreement

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.